Aufsätze Ökonomik

Aufsätze Pädagogik

Aufsätze Sozialethik


Prof. Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.

Abhandlungen über Johann Heinrich Jung-Stilling

Nachtodliche Belehrungen zur Ökonomik

Nachtodliche Belehrungen zu Persönlichkeiten

Nachtodliche Belehrungen zur Philosophie

Nachtodliche Belehrungen zur Theologie

Nachtodliche Belehrungen zu verschiedenen Themen


Hybrid capital

Capital components that have characteristics of both equity and debt. Due to its ability to absorb losses, this form of capital has considerable regulatory significance. Until the Capital Adequacy Directive came into force, hybrid capital was formed primarily through the issue of profit participation certificates and silent participations. Since 2010, the revised Section 10, Paragraph 4 of the German Banking Act (KWG) has set qualitative requirements for the recognition of hybrid capital as core capital at banks, which are neutral with regard to the form of capital. – See profit taxation, hybrid bank, loss absorbency. – Cf. 2010 Annual Report of BaFin, p. 125 (the Capital Adequacy Directive, which has entered into force, defines more precisely the eligibility of hybrid capital components for recognition as regulatory own funds at institutions).

Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: