Nov 21 (Reuters) - FinecoBank Banca Fineco SpA FBK.MI:
SAYS MREL INDICATORS WELL ABOVE REQUIREMENTS ASSIGNED BY SINGLE RESOLUTION BOARD AND BANK OF ITALY
SHALL COMPLY, ON A CONSOLIDATED BASIS, WITH AN MREL TREA REQUIREMENT EQUAL TO 19.16%, AN MREL LRE REQUIREMENT CONFIRMED AT 5.25%
MREL TREA REQUIREMENT BENEFITS FROM ADDITIONAL DISCOUNT, GRANTED BASED ON SATISFACTORY PROGRESS OF FINECOBANK TOWARDS RESOLVABILITY
Further company coverage: FBK.MI
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