Following the communication received by the Single Resolution Board (SRB) and Banca d'Italia, the Minimum Requirements for Own Funds and Eligible Liabilities (MREL) applicable to UniCredit SpA on a consolidated basis are:
- 22.84 percent of Risk-Weighted Assets (RWA) plus the applicable Combined Buffer Requirement (CBR)1
- 6.09 percent of Leverage Ratio Exposure (LRE)
The MREL subordinated component - which already embeds the "senior allowance" benefit granted by the Resolution Authorities - is equal to:
- 15.06 percent of RWA plus the applicable CBR
- 6.09 percent of LRE
As of 1Q24, UniCredit is well above these requirements, with MREL eligible liabilities equal to:
- 32.81 percent of RWA
- 10.16 percent of LRE
Same date, the MREL subordinated eligible liabilities are equal to:
- 24.23 percent of RWA
- 7.50 percent of LRE
Milan, 17 June 2024
Enquiries:
Media Relations
e mail: mediarelations@unicredit.eu
Investor Relations
e mail: investorrelations@unicredit.eu
1 Equal to 4.47% as of 1Q24.