Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Tier 1 capital ratio: Which European banks are the strongest?

|Includes: BBVA, IRE, SAN

Tier 1 capital ratio is a nice way of gauging the financial health of financial institutions. Let's take a look at some of the ratios for some of the banks we see in the news quite often:

Tier 1 Capital Ratio
National Bank of Greece (NBG)/ 11.8%
Banco Santander (STD)/ 10.8%
Banco Bilbao (NYSE:BBVA)/ 9.8%
Bank of Ireland (NYSE:IRE)/ 9.7%

It may come as a surprise but National Bank of Greece has the some of the highest tier 1 capital ratio among European banks.