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Banco Desio Receives Updated MREL Requirements from Banca d’Italia

Story Highlights
  • Banco Desio’s MREL requirements are set at 17.81% for TREA and 5.34% for LRE.
  • Banco Desio’s current MREL levels exceed the minimum requirements, showing strong capital health.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Banco Desio Receives Updated MREL Requirements from Banca d’Italia

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Banco di Desio e Della Brianza SPA ( (IT:BDB) ) just unveiled an announcement.

Banco di Desio e della Brianza S.p.A. has received a notification from Banca d’Italia regarding its MREL requirements, which are slightly adjusted to 17.81% for TREA and 5.34% for LRE. Despite the adjustments, Banco Desio’s current MREL coefficients significantly exceed the minimum requirements, indicating a strong capital position that will be integrated into its strategic and funding plans.

The most recent analyst rating on (IT:BDB) stock is a Hold with a EUR7.50 price target. To see the full list of analyst forecasts on Banco di Desio e Della Brianza SPA stock, see the IT:BDB Stock Forecast page.

More about Banco di Desio e Della Brianza SPA

Established in 1909 and listed on the Milan Stock Exchange since 1995, Banco di Desio e della Brianza S.p.A. is a modern multi-product banking group with a strong territorial presence in Northern and Central Italy and Sardinia. It operates 276 branches with over 2,500 employees, focusing on quality services through digital channels. The bank is active in consumer credit via Fides S.p.A. and Dynamica Retail S.p.A., and in asset management and bancassurance through partnerships with national and international firms, boasting total assets exceeding 18 billion Euros.

Average Trading Volume: 85,897

Technical Sentiment Signal: Strong Buy

Current Market Cap: €1.04B

For detailed information about BDB stock, go to TipRanks’ Stock Analysis page.

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