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BRIEF-Liberbank Expects Cost Of Risk To Hover Around 50-55 BPS Towards End Of 2020

Oct 26 (Reuters) - Chief Financial Officer Of Spain’s Liberbank, Jesus Ruano:

* EXPECTS COST OF RISK TO HOVER AROUND 50-55 BASIS POINTS TOWARDS END OF 2020, POTENTIALLY LOWER NEXT YEAR

* SAYS DOES NOT BELIEVE BANKS HAVE TO COMPENSATE CUSTOMERS FOLLOWING SPAIN’S SUPREME COURT RULING ON MORTGAGE CONTRACTS IRPH Further company coverage: (Reporting By Madrid Newsroom)

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