Page 13 - Minimum Requirement News Today : Breaking News, Live Updates & Top Stories | Vimarsana

  1.  Brief about the Bank ● Establishment & Shareholders:   aiBank was established in 1974 as an investment and commercial bank. aiBank was previously known as The Federal Arab Bank for Development and Investment. As at the valuation date, the bank's shareholders were National Investment Bank("NIB") (92.2%) and Federation of Arab Republics (7.8%) ● Capital & Minimum Requirement: aiBank paid up capital amounted to EGP 1.84B as at 30 Jun 2020. A subordinated loan from National Investment Bank was approved to be tran...

Tuesday, March 2nd, 2021 DIAC discloses binding MREL (1) requirement DIAC S.A. has received the

Tuesday, March 2nd, 2021 RCI Banque discloses updated binding MREL (1) requirement RCI Banque

Investegate announcements from RCI Banque, RCI Banque : RCI Banque discloses updated binding MREL requirement

(1) requirement DIAC S.A. has received the notification from ACPR, the French Prudential and Resolution Supervision Authority, implementing the decision of the Single Resolution Board (SRB) and discloses its binding minimum requirement for own funds and eligible liabilities (MREL (1)). MREL requirement is no longer defined on RCI Group consolidated basis but has been set on an individual basis for both RCI Banque S.A and its French subsidiary DIAC S.A. DIAC S.A. MREL requirement has been set at 8% of total risk exposure amount (TREA (2)) and 3% of leverage ratio exposure (LRE (3)) As of toda...