5.9%

RBS’ Tier-1 capital to risk-weighted assets.

In November, Standard Chartered chief executive officer Bill Winters unveiled plans for a rights issue to boost the lender’s common equity Tier 1 ratio to 13.1 per cent from 11.5 per cent. The shares are on sale through December 10.

RBS, led by CEO Ross McEwan, has sold the lender’s Citizens Financial Group US consumer bank and disposed of assets housed within its bad bank to bolster capital levels.

The stressed scenario included a global slowdown, with shrinking economies in the Eurozone and the UK, near stagnation in the US and slump in emerging markets, sparking a drop in oil prices to $38 a barrel.

In China, the model simulated a drop in property prices and the economy cooling to 1.7 per cent, with Hong Kong “particularly impacted by the downturn.” The model also took into account currency fluctuations, including a 25 per cent plunge in the euro against the dollar and a 15 per cent drop versus the pound.

This year’s test covered Standard Chartered, HSBC Holdings Plc, Barclays, Lloyds Banking Group Plc, Nationwide Building Society, RBS and Santander UK Plc.