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LONDON, June 19 (Reuters) - Britain's financial regulatorwill on Thursday say capital holes at Royal Bank of Scotland, Lloyds Banking Group and Barclays account for more than 90 percent of a 25 billion-pound ($39billion) shortfall, the Financial Times said.
The shortfall was based on estimates at the end of 2012, andthe Bank of England said in March about half the total amount itidentified was already covered by projected capital accumulationplans.
Analysts say no banks are expected to need to issue newequity.
The Bank of England had said in March Britain's top lendersneeded to fill a 25 billion-pound ($39 billion) gap in fundingby the end of the year and the BoE's Prudential RegulationAuthority is due to detail where the shortfalls lie amongst thetop eight banks and mutuals early on Thursday.
RBS will be shown to account for 10 billion to 12 billionpounds, Lloyds 8 billion to 9 billion and Barclays 3 billion to5 billion, the FT said, citing people familiar with theexercise.
The PRA and the three banks declined to comment.
Last month RBS and Lloyds agreed plans to shore up theircapital with the financial regulator.
HSBC, Standard Chartered and Santander UK have long been expected to receive a clean bill ofhealth, based on their strong capital positions.
The Co-operative Bank said last week the PRA had identifieda 1.5 billion-pound hole, forcing it to restructure and impose ahaircut on bondholders.
Nationwide, the UK's largest building society, has a deficit of less than 1 billion pounds, the FT said.
