ECB cuts Novo Banco’s 2027 Pillar 2 capital requirement by 15 basis points to 2.35%

Bitget2026/11/02 17:10

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The European Central Bank cut Novo Banco’s 2027 Pillar 2 capital requirement by 15 basis points to 2.35%.
Overall capital requirements are 9.87% for CET1, 11.81% for Tier 1 and 14.4% for total capital.
Capital ratios at June 30, 2026, exceeded those requirements, reaching 19.2% for CET1 and Tier 1 and 22.1% for total capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Novo Banco SA published the original content used to generate this news brief on November 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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ECB cuts Novo Banco’s 2027 Pillar 2 capital requirement by 15 basis points to 2.35%

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