Following the Single Resolution Board (SRB) decision and the communication received by Banca d'Italia, the Minimum Requirements for Own Funds and Eligible Liabilities (MREL) applicable to UniCredit SpA on a consolidated basis are:
- 22.18 percent of Risk-Weighted Assets (RWA) plus the applicable Combined Buffer Requirement (CBR)1
- 5.98 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:
- 14.49 percent of RWA plus the applicable CBR
- 5.98 percent of LRE
As of YE24, UniCredit is well above these requirements, with MREL eligible liabilities equal to:
- 32.73 percent of RWA
- 10.33 percent of LRE
Same date, the MREL subordinated eligible liabilities are equal to:
- 24.01 percent of RWA
- 7.57 percent of LRE
Milan, 28 April 2025
Contacts:
Media Relations
e-mail: MediaRelations@unicredit.eu
Investor Relations
e-mail: InvestorRelations@unicredit.eu
1 Equal to 4.66% as of YE24