BCP Meets Updated MREL Financial Requirements
Company Announcements

BCP Meets Updated MREL Financial Requirements

Banco Comercial Portugues (GB:0RJN) has released an update.

Banco Comercial Português has met the updated minimum requirements for own funds and eligible liabilities as set by the Banco de Portugal. The bank is currently in compliance with the MREL, which includes 28.67% of TREA and 6.67% of LRE, with no minimum subordination requirement imposed. These requirements are subject to annual revisions by the authorities.

For further insights into GB:0RJN stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks European Auto-Generated NewsdeskBanco Comercial Reports Strong Growth in H1 2024
TipRanks European Auto-Generated NewsdeskBank Millennium Posts Steady H1 2024 Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App