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    Regional development bank: loss of 207 million in the quarter

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    (ANSA) – ROME, JUL 20 – Regional Development Bank closes the first quarter of 2022 with a negative result of 207,468.31 euros and a new capital erosion. As stated in a note, the value of the shareholders’ equity is equal to € 12,733,666.53. The CET1, TIER1 and Total Capital Ratio ratios reached 17.68% against a regulatory threshold (TSCR) of 15.00% and an expected value (P2G) of 15.60%. The total Losses to be Covered submitted to the Shareholders’ Meeting amounted to € 8,996,354.97.

    The Board of Directors “will propose to the shareholders to refer any decision regarding the aforementioned losses to the ordinary meeting for the approval of the financial statements at 31/12/2022.

    The Board of Statutory Auditors, in the prescribed observations to the Report “highlighted the persistence of the main causes of the Bank’s structural economic imbalance, with the consequent inertial continuation of the capital reduction, and that a further increase in the income statement for the shares is foreseeable in the near future. scheduled in view of the Merger between BRS and Banca di Credito Popolare ScpA “.

    At the same time, according to the Board of Statutory Auditors, the structural solution has already been identified by the Board of Directors in the Merger and the postponement of the adoption of the measures aimed at covering the losses is in compliance with the current regulatory provisions and consistent with the process of the Merger.

    (HANDLE).

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    Source: Ansa

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