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BBVA Aligns with New MREL Requirements Set by Bank of Spain

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BBVA Aligns with New MREL Requirements Set by Bank of Spain

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An announcement from Banco Bilbao Vizcaya Argentaria ( (ES:BBVA) ) is now available.

BBVA has received a new directive from the Bank of Spain regarding its Minimum Requirement for own funds and Eligible Liabilities (MREL), which is now set at 23.13% of the total risk-weighted assets of its resolution group. The bank is required to meet specific subordination requirements, and its current structure complies with these new MREL and subordination mandates. This update, effective immediately, replaces the previous communication and ensures BBVA’s alignment with regulatory expectations, potentially strengthening its financial stability and market confidence.

More about Banco Bilbao Vizcaya Argentaria

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) operates in the banking industry, offering a range of financial services including retail banking, asset management, and corporate banking. The company focuses on providing innovative financial solutions and has a strong presence in Europe and Latin America.

See more data about BBVA stock on TipRanks’ Stock Analysis page.

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