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The Leverage ratio is defined as the capital measure (the numerator) divided by the exposure measure (the denominator). This ratio should be expressed as a percentage.
The exposure measure for the Leverage ratio should generally follow gross accounting value unless different treatment is specifically mentioned in this framework.
5.4
Exposure measure should include the following exposures:
Securities financing transaction (SFT) exposures; and
(iv)
Off-balance sheet (OBS) items.
5.5
The leverage ratio (Capital measure and Exposure measure) must be calculated and reported to SAMA on a quarter-end basis.
5.6
Banks' Leverage ratio must be at least 3% at all time.
1 In other words, the capital measure used for the Leverage ratio at any particular point in time is the Tier 1 capital measure applicable at that time taking into consideration all regulatory adjustments allowed by SAMA from time to time.
