Brief: Poland's BFG Sets Bank Millennium's MREL TREA Requirement At 15.36%

Bank Millennium SA

19/05/2026 06:49

May 19 (Reuters) - Bank Millennium MILP.WA:

REPORTED ON MONDAY THAT POLAND'S BANK GUARANTEE FUND (BFG) UPDATED BANK'S MINIMUM REQUIREMENT FOR OWN FUNDS AND ELIGIBLE LIABILITIES (MREL) LEVELS, CALCULATED AS PERCENTAGE OF TOTAL RISK EXPOSURE AMOUNT (TREA) AND TOTAL EXPOSURE MEASURE (TEM)

BFG SET BANK'S MREL TREA LEVEL UNCHANGED AT 15.36% AT A CONSOLIDATED LEVEL

BFG SET BANKS MREL TEM UNCHANGED AT 5.91% AT A CONSOLIDATED LEVEL

TAKING INTO ACCOUNT SUBORDINATION REQUIREMENTS, BANK IS REQUIRED TO MEET MINIMUM MREL TREA REQUIREMENT OF 14.14%, DOWN FROM 14.15% PREVIOUSLY

TAKING INTO ACCOUNT SUBORDINATION REQUIREMENT, BANK IS REQUIRED TO MEET MINIMUM MREL TEM REQUIREMENT OF 5.54%, DOWN FROM 5.87% PREVIOUSLY

FROM JAN. 1, 2027, MREL TREA REQUIREMENT SET AT 15.36% AND MREL TEM REQUIREMENT SET AT 7.7% AT CONSOLIDATED LEVEL

FROM JAN. 1, 2027, UNDER SUBORDINATION CRITERION, BANK WILL BE REQUIRED TO MEET MINIMUM MREL TREA REQUIREMENT OF 14.14% AND MREL TEM REQUIREMENT OF 7.7%

AS OF REPORT PUBLICATION, BANK MEETS THESE REQUIREMENTS

 Source text: nEM2z7RK7a
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 (Gdansk Newsroom)

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