BPER Banca S.p.A. - Fitch Research

BPER Banca S.p.A.

BPER Banca S.p.A. - Fitch Research
BPER Banca S.p.A.
Published Oct 30, 2017
2 pages (1809 words) — Published Oct 30, 2017
Price US$ 300.00  |  Buy this Report Now

About This Report

  
Brief Excerpt:

...Weak Asset Quality: BPER Banca S.p.A.'s ratings primarily reflect the bank's weak asset quality and the impact this has on its capitalisation. The gross impaired loan ratio of nearly 21% at end-June 2017 weighs heavily on the bank's balance sheet and negatively affects Fitch's assessment of the bank's profile and risk appetite. BPER announced a EUR1 billion extraordinary loan impairment charge (LIC) in August 2017 to strengthen impaired loan coverage and facilitate non-performing loan (NPL) reductions through disposals. Capitalisation Not Commensurate with Risk: Regulatory capital ratios comfortably meet minimum requirements, but Fitch Ratings believes capitalisation is not in line with the bank's risk profile, given the high proportion of unreserved impaired loans (109% of Fitch Core Capital (FCC) at end-1H17). NPL Encumbrance to Reduce: The EUR1 billion extraordinary LICs will result in a decline in the common equity Tier (CET1) ratio of about 200bp but will reduce the burden of unreserved...

  
Report Type:

Update

Company(ies)
BPER Banca S.p.A.
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Buy Now

Fitch Affirms BPER at 'BB'; Outlook Stable – 2016/05/16 – US$ 149.00

Fitch Affirms BPER at 'BB'; Outlook Stable – 2017/05/11 – US$ 149.00

BPER Banca S.p.A. - Ratings Navigator – 2017/06/06 – US$ 500.00

BPER Banca S.p.A. – 2017/10/30 – US$ 550.00

BPER Banca S.p.A. - Ratings Navigator – 2018/05/29 – US$ 500.00

BPER Banca S.p.A. – 2018/07/27 – US$ 550.00

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Cite this Report

  
MLA:
Fitch Research. "BPER Banca S.p.A." Oct 30, 2017. Alacra Store. May 06, 2025. <http://www.alacrastore.com/fitch-credit-research/BPER-Banca-S-p-A-905794_report_frame>
  
APA:
Fitch Research. (). BPER Banca S.p.A. Oct 30, 2017. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/fitch-credit-research/BPER-Banca-S-p-A-905794_report_frame>
  
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