AIB comes forward with first formal MREL requirements

By Tyler Davies
14 May 2018

Allied Irish Banks is one of the first eurozone lenders to have published its formal minimum requirement for own funds and eligible liabilities (MREL).

The Irish lender put out a statement on Monday in which it said that it had been informed of its MREL targets by the Central Bank of Ireland.

It will have to have MREL equivalent to 28.04% of its risk-weighted assets by 2021, according to the ...

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