February 11, 2019 / 6:41 AM / 4 months ago

ECB set total SREP capital requirement at 10.25 pct for 2019 - Banco BPM

MILAN, Feb 11 (Reuters) - Italy’s Banco BPM said on Monday the European Central Bank has requested the lender a total SREP capital requirement of 10.25 percent at group level for this year.

ECB cut its Pillar 2 requirement for the bank by 25 basis points to 2.25 percent, Banco BPM added. (Reporting by Giulio Piovaccari, Editing by Sherry Jacob-Phillips)

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