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BRIEF-Banca Carige says ECB has asked it for plan to tackle bad loans
December 13, 2016 / 6:20 PM / a year ago

BRIEF-Banca Carige says ECB has asked it for plan to tackle bad loans

Dec 13 (Reuters) - Banca Carige says:

* The European Central Bank has set a minimum CET1 ratio of 9 percent as of Jan 1, 2017

* The ECB has asked the bank to maintain a total SREP capital requirement of 11.25 percent, this could be lowered if bad loans fall

* The ECB has given bank until Feb. 28 to present a plan to reduce its non-performing loans Source text for Eikon: Further company coverage: (Reporting by Milan newsroom; Editing by Ruth Pitchford)

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