MILAN (Reuters) – The European Central Bank has raised the minimum core capital requirement at Banco BPM to 8.70% for next year compared with 8.52% at present, Italy’s third-largest bank said on Thursday.
Banco BPM, which had a fully-phased best quality capital ratio of 12.39% at the end of September, said it stuck by its goal of a level of more than 13% at the end of the year.
(Reporting by Valentina Za, editing by Gianluca Semeraro)
