Banco BPM Finalises Payment Partnership With BCC Iccrea, FSI
T-Reuters
01 Oct 2024
Banco BPM SpA :Partnership Between Banco Bpm, Bcc Iccrea, And Fsi Finalized.Numia Group Owned 42.86% By Fsi, 28.57% Each By Banco Bpm And Bcc Iccrea.After Transaction, Banco Bpm Received For Contributed Assets A Consideration Of €500M, With Upfront Cash Component Of More Than €200M, Plus Potential Additional Deferred Price Components Of Up To €80M.Upfront Capital Gain Accrued On Transaction Has Positive Impact On Banco Bpm'S Fully Loaded Cet1 Ratio Of About 88 Bps.The 28.57% Interest Increases Deductions From Capital Has Effect On Cet1 Ratio Of -49 Bps (Total Impact Before Dividend Payout Of +39 Bps.Further Company Coverage: Bami.Mi. (Gdansk Newsroom). ((Gdansk.Newsroom@Thomsonreuters.Com; +48587696600;)).
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