Unicaja Banco Meets New MREL Requirements

Unicaja Banco SA (ES:UNI) has released an update.

Unicaja Banco SA has received notification from the Bank of Spain regarding the minimum requirement for own funds and eligible liabilities (MREL) as determined by the Single Resolution Board. The bank must maintain a MREL TREA of 22.02% and MREL LRE of 6.49%, both of which are already met as of September 2024. This alignment with regulatory requirements reinforces Unicaja’s financial stability and strategic planning.

For further insights into ES:UNI stock, check out TipRanks’ Stock Analysis page.