Banca MPS, Capital Plan sent to the ECB

Banca MPS Capital Plan sent to the ECB

(Finance) – MPS Bank announces, in compliance with the requirements of the Final SREP Decision received on 2 February, that it has Capital Plan sent to the ECB approved today by the Board of Directors.

This was announced by the Sienese bank, in compliance with the information requested by Consob, explaining that “the Capital Plan is developed according to coherent assumptions with those of Strategic Plan 22-26 approved by the Bank on 17 December 2021, also as regards the amount of the underlying capital increase“.

“The discussions with all the Authorities involved continue – explains a note – in the context of the respective authorization processes, regarding which, at the moment, it is not possible to hypothesize the timing of completion”.

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