G-SIB Framework: Denominators

The denominators for the G-SIB exercises are set out in the table below. For the full time series of denominators, see this spreadsheet. 

Denominators*

Category Individual indicator End-2013 exercise End-2014 exercise End-2015 exercise End-2016 exercise End-2017 exercise
Size Total exposures as defined for use in the Basel III leverage ratio 66,313,252,232,943 73,847,049,356,142 72,857,573,242,973 75,900,827,858,685 73,020,497,902,585
Cross-jurisdictional activity Cross-jurisdictional claims 15,800,934,260,979 17,234,718,196,198 17,758,682,250,997 18,677,719,105,671 18,207,527,825,621
Cross-jurisdictional liabilities 14,093,660,568,019 15,673,493,553,912 15,884,108,348,862 16,375,313,942,104 15,977,470,843,396
Interconnectedness Intra-financial system assets 7,717,965,931,836 7,868,598,375,284 8,098,567,521,260 7,834,153,363,387 6,935,991,884,037
Intra-financial system liabilities 7,830,851,966,370 8,867,888,915,312 8,898,527,231,465 8,847,383,167,260 8,113,092,301,507
Securities outstanding 10,836,237,185,460 12,214,446,850,060 12,499,382,169,110 13,337,072,702,067 13,510,361,490,462
Substitutability/financial institution infrastructure Assets under custody 100,011,715,645,358 116,180,841,620,072 128,341,774,423,835 139,936,012,350,579 142,599,784,273,206
Payments 1,850,754,573,909,200 2,132,306,436,783,080 2,262,439,199,421,380 2,156,973,532,030,800 2,041,830,288,813,770
Values of underwritten transactions in debt and equity markets 4,487,480,557,423 5,318,690,278,083 5,951,676,110,463 5,999,120,959,954 5,933,901,614,211
Complexity Notional amount of over-the-counter (OTC) derivatives 639,987,527,203,752 637,191,154,285,661 556,826,675,437,137 530,406,136,827,858 502,644,968,953,953
Level 3 assets 595,404,598,635 658,101,182,592 585,970,930,408 501,410,778,497 386,957,821,487
Trading and available-for-sale securities 3,310,507,132,019 3,280,984,139,364 3,254,573,599,159 3,441,947,117,997 3,280,578,134,923

* Unit is euro for all denominators

For further explanation of the use of these denominators, see Global systemically important banks: updated assessment methodology and the higher loss absorbency requirement (July 2013).