Minimum Requirement for Own Funds and Eligible Liabilities (MREL)

Search documents
Notification of MREL requirements
Globenewswire· 2025-06-30 15:45
Group 1 - Ayvens has received notification from the Autorité de Contrôle Prudentiel et de Resolution (ACPR) regarding the implementation of Minimum Requirement for Own Funds and Eligible Liabilities (MREL) requirements effective from 31 December 2026, with a total MREL requirement of 19.95% of the Ayvens Group's Risk-Weighted Assets (RWA) and 5.91% of the leverage ratio exposure [1][2] - As a non-resolution entity within the Societe Generale resolution group, Ayvens plans to increase its eligible liabilities by raising intragroup Senior Non-Preferred debt to meet the MREL requirement on a consolidated basis [2] - Ayvens is a leading global player in sustainable mobility, providing full-service leasing, flexible subscription services, fleet management, and multi-mobility solutions to various clients including large international corporates and SMEs [3][4] Group 2 - The company employs over 14,000 staff across 41 countries and manages a fleet of 3.2 million vehicles, including the world's largest multi-brand electric vehicle fleet, positioning itself to lead in the transition to net zero and digital transformation in the mobility sector [4] - Ayvens is listed on Compartment A of Euronext Paris with the ISIN FR0013258662 and Ticker AYV, and is majority-owned by Societe Generale Group [4]
BNP Paribas SA : 2025 MREL requirements notification
Globenewswire· 2025-06-12 16:48
Core Points - BNP Paribas Group has received notification from the Autorité de Contrôle Prudentiel et de Résolution (ACPR) regarding updated Minimum Requirement for Own Funds and Eligible Liabilities (MREL) requirements effective from June 12, 2025 [1] - The total MREL requirement is now set at 22.19% of the Group's Risk-Weighted Assets (RWA) and 5.91% of the Group's leverage exposures, with a subordination constraint of 14.78% of RWA and 5.75% of leverage exposures [2] - As of March 31, 2025, BNP Paribas Group's total MREL ratio stands at 29.8% based on RWA, and the subordinated MREL ratio is 27.1%, significantly exceeding the updated requirements [3] Company Overview - BNP Paribas is a leading banking and financial services provider in Europe, operating in 64 countries with nearly 178,000 employees, over 144,000 of whom are in Europe [4] - The Group has key positions in three main areas: Commercial, Personal Banking & Services; Investment & Protection Services; and Corporate & Institutional Banking, catering to a diverse clientele [4] - BNP Paribas is expanding its integrated commercial and personal banking model across Mediterranean countries, Türkiye, and Eastern Europe, while maintaining a strong presence in the Americas and a growing business in Asia-Pacific [4]