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BRIEF-Banco BPM gets ECB go-ahead to include H1 profits in CET 1 capital
August 10, 2017 / 6:05 PM / 3 months ago

BRIEF-Banco BPM gets ECB go-ahead to include H1 profits in CET 1 capital

Aug 10 (Reuters) - Italy’s Banco BPM says:

* has received authorization from European Central Bank to include all its first-half profits in CET 1 capital

* as a result, bank confirms that -- as disclosed to market on August 4 -- phased-in CET 1 ratio at 11.07 percent and fully-loaded CET 1 ratio at 10.4 percent (11.31 percent pro-forma including the positive effect from agreement to sell Aletti Gestielle to Anima Holding) Further company coverage: (Reporting by Milan newsroom)

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