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Banco Comercial Portugues
Regulatory Filings • Dec 13, 2024
1913_iss_2024-12-13_7abae516-c07a-4a74-9a10-ac1e5508ba9d.pdf
Regulatory Filings
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BANCO BPI, S.A.
Registered office: Av. Boavista, 1117, Porto Registered at Commercial Registry of Porto under registration number PTIRNMJ 501 214 534 and tax identification number 501 214 534 Share capital: € 1 293 063 324.98
MINIMUM PRUDENTIAL REQUIREMENTS FOR 2025
Banco BPI hereby reports that it has been notified of the decision of the European Central Bank regarding minimum capital requirements and leverage ratio for 2025, following the outcome of the Supervisory Review and Evaluation Process (SREP).
Thus, from 1st January 2025, Banco BPI must comply with the minimum requirements of 9.45% for the Common Equity Tier 1 (CET1) capital ratio, 11.32% for the Tier 1 capital ratio and 13.82% for the total capital ratio. Compared to the minimum requirements currently in force, there is an increase of 0.1%, reflecting the variation in the Pillar 21 requirement from 1.9% to 2%.
The Pillar 1 requirement of 3% for the leverage ratio is maintained.
| Capital | Minimum requirements from 1st Jan. 2025 |
||||
|---|---|---|---|---|---|
| ratios 30.09.2024 |
TOTAL | Of which: | |||
| Pillar 1 | Pillar 21 | Buffers2 | |||
| CET1 | 13.9% | 9.45% | 4.50% | 1.13% | 3.82% |
| T1 | 15.3% | 11.32% | 6.00% | 1.50% | 3.82% |
| Total capital | 17.5% | 13.82% | 8.00% | 2.00% | 3.82% |
| Leverage ratio | 7.3% | 3.00% | 3.00% | 0.00% | 0.00% |
In September 2024, as shown in the following table, BPI exceeded all requirements.
The information disclosed by Banco de Portugal in the context of public consultation nº 4/2024 considers a countercyclical reserve of 0.75% for 2026, applicable to risk-weighted credit exposure to the non-financial private sector in Portugal. If this proposal is formalised, it will represent an increase in Banco BPI's capital requirements of 0.71%, calculated on a proforma basis for September 2024.
13 th December 2024
Banco BPI, S.A.
1
1 Requirements applicable only on a consolidated basis.
2 Capital conservation buffer (2.5%), other systemically important institutions buffer (0.5%, applicable only on a consolidated basis), countercyclical capital buffer (0.01% as of 30 sep. 2024; updated quarterly) and sectorial systemic risk buffer (0.81% with reference to exposure on 30 Sep 2024 and in force since 1 Oct 2024; updated quarterly).