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ECB Reduces the Capital Requirement to Novobanco by 2027 Reflecting Lower Risk .

Summary by Sapo
The European Central Bank has notified the Novobank of the minimum prudential capital requirements to be observed in 2027, resulting from the supervisory evaluation process (SREP).The emphasis of the new revision goes to the downward trajectory of the specific requirements set by the supervisor.

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ObservadorObservador
+2 Reposted by 2 other sources
Lean Right

New Bank claims to have exceeded, in June, all the prudential minimum requirements imposed by the European Central Bank for 2027, financial soundness, "evidenting the robust solvency".

·Lisboa, Portugal
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Lean Right

The European Central Bank has notified the Novobank of the minimum prudential capital requirements to be observed in 2027, resulting from the supervisory evaluation process (SREP).The emphasis of the new revision goes to the downward trajectory of the specific requirements set by the supervisor.

·Lisboa, Portugal
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The New Bank stated that it exceeded, in June, all the prudential minimum requirements imposed by the European Central Bank (ECB) for 2027, according to a note sent to the market.

·Portugal
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Sapo broke the news in Lisboa, Portugal on Monday, November 2, 2026.
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