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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Banco Santander S.a. | LSE:BNC | London | Ordinary Share | ES0113900J37 | ORD EUR0.50 (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 408.00 | 410.00 | 411.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Commercial Banks, Nec | 59.64B | 11.08B | 0.6999 | 5.87 | 65.04B |
TIDMBNC
RNS Number : 2525P
Banco Santander S.A.
24 May 2018
MATERIAL FACT
Banco Santander, S.A. hereby announces that it has received formal notification from the Bank of Spain of its binding minimum requirement for own funds and eligible liabilities ("MREL") for the Resolution Group of Banco Santander, S.A. at a sub-consolidated level, as determined by the Single Resolution Board (SRB).
This MREL requirement has been set at EUR 114,482.84 million, which as a reference of this resolution group's risk weighted assets at 31 December 2016 would be 24.35%, and must be met by 1 January 2020.
The MREL requirement is in line with our expectations, and consistent with our funding plans. As of today, the aforementioned resolution group already complies with the MREL requirement. Future requirements will be subject to ongoing regulatory review.
Boadilla del Monte (Madrid), 24 May 2018
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
MSCLLFIREIISFIT
(END) Dow Jones Newswires
May 24, 2018 12:05 ET (16:05 GMT)
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