BFF receives the new SREP requirements from Bank of Italy

EU banks rate expectations untouched by Ukraine Well positioned

(Finance) – BFF Banka company active in specialized finance and listed on Euronext Milan, has received the communication of the new capital requirementsat the end of the periodical supervisory review process (SREP).

The communication provides that, starting from the next report on own funds, BFF will adopt the following capital ratios at consolidated level: Common Equity Tier 1 (CET 1 ratio) equal to 9.00%, Tier 1 (Tier 1 ratio) equal to 10.50% and Total Capital Ratio (TC ratio) equal to 12.50%.

The bank, on a consolidated level, as at 30 June 2022had a CET 1 ratio of 15.1% and a Tier 1 ratio and TC Ratio of 21.2%.

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