(Finance) – The Bank of Italyat the conclusion of the administrative process for the determination of the Minimum requirements consolidated for own funds and eligible liabilities (MREL), has communicated that, starting from 1 January 2025, BFF Bank will have to comply with the following consolidated capital requirements: MREL in terms of TREA (Total Risk Exposure Amount) equal to 20.00% (compared to the previous 19.85%) to which is added the Combined Buffer Requirement (CBR); MREL in terms of LRE (Leverage Ratio Exposure) equal to 5.40% (compared to the previous 5.42%).
BFF Bank, received updated MREL requirements from Banca d’Italia
