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.

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