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Portuguese banks to issue up to €9bn of MREL debt, says Fitch.

Authors :
Freitas, David
Source :
Global Capital; 10/28/2019, pN.PAG-N.PAG, 1p
Publication Year :
2019

Abstract

Fitch Ratings said on Monday that it expected Portuguese banks would issue up to €9bn of senior debt for the minimum requirements for own funds and eligible liabilities (MREL) in the coming years, as they work concurrently on cleaning up the asset sides of their balance sheets. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
20552165
Database :
Complementary Index
Journal :
Global Capital
Publication Type :
Periodical
Accession number :
139322040