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With the new European legislation that was drafted in the wake of the banking crisis, it has become increasingly important to put yourself in the hands of a stable bank.

You have to choose whether to trust your Bank. How? By assessing its reliability.

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Why is the BPER Banca Group reliable

The reliability of our Group is insured by three key points that set us apart: a solid level of capital, a high level of liquidity and a low risk profile.

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Solid level of capital

CET 1 (Common Equity Tier 1)

This is a measure of a bank's solidity. The higher this figure compared to the one assigned by the ECB, the more solid the bank. We are significantly above the minimum level required for 2022.

CET 1 BPER Group as at 31.03.2023
13.3 %
SREP requirement 2022
8.47 %
Net profit
290,7 €/mln
al 31.03.2023

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High level of liquidity

Liquidity indicators provided under the legislation considerably higher than minimum required levels

Significant refinancing capacity with the ECB

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Low level of risk

Financial leverage
This indicator is used to assess a bank's risk profile. Our risk profile is one of the lowest in Italy.

4

,76%

Leverage Ratio
al 31.03.2023

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Organic growth

1867

Founding of Banca Popolare di Modena

1992

Creation of the BPER Group

2001

Acquisition of commercial banks and financial product companies

2012

Established as a national bank

Present

Rationalisation and simplification

1867
1992
2001
2012
Present

3° Gruppo Bancario Nazionale

BPER Banca Group today
3rd National Banking Group in terms of number of branches.

5 Commercial banks

Number of Branches over 1.900
Employees about 21.000

Customer

 more than 5 million

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The Bail-in

As of 1 January 2016, with the transposition of the new European directive (Bank Recovery and Resolution Directive), new rules were introduced in Italy and other EU member states with the aim of preventing and managing banking crises.

How does this change things

 

The new rules make it possible to manage crises in an orderly manner through more effective instruments and the use of resources from the private sector, thus reducing negative effects on the economic system and avoiding the cost of bailouts being forced onto taxpayers.

 

For more information please refer to the Bank of Italy Document

What is the Bail-in and how does it work?

 

The Bail-in is a resolution measure that consists in saving a bank in financial difficulty using private resources from within the bank rather than through the State's resources. Shareholders and creditors may be asked to contribute to covering losses with their own funds. This happens through a partial or total reduction in the value of shares and certain credits or the conversion of the latter into shares, in accordance with a precise hierarchical order. In any case, shareholders and creditors will not incur more losses than they would have incurred in the event of the bank being wound-up using ordinary procedures.

For more information please refer to the Bank of Italy Document.

What parties are involved?

 

The Bail-in is applied according to a hierarchical order which entails that parties who have invested in higher risk financial instruments are the first to bear any losses or have their credits converted into shares. Once all the resources of the highest risk category have been utilised, the Bail-in then looks to acquire funds from the next category.

The first step involves sacrificing the interests of the “owners” of the bank, i.e. the shareholders, by reducing or cancelling out the entire value of their shares. The subsequent step for recapitalising the bank will involve looking at certain categories of creditors and transforming their assets into shares and/or reducing the value of these assets, if the cancellation of the entire value of the shares is not sufficient to cover the losses.

For more information please refer to the Bank of Italy Document.

What is included?

A Bail-in will involve the following bank-issued financial instruments:

Shares and other equity financial instruments (such as savings shares and convertible bonds)

Subordinated unsecured shares

Unsecured credits (e.g. unsecured bank bonds)

Deposits exceeding 100,000 Euro for natural persons and small and medium enterprises (on the amounts above 100,000 Euro)

For more information please refer to the Bank of Italy Document.

What is excluded?

 

 

The following categories cannot be reduced in value or converted into capital and are therefore excluded from any Bail-in:

Deposits protected by the deposit guarantee scheme, i.e. deposits of up to 100,000 Euro.

Secured bank bonds (e.g. covered bonds).

Customer property that is in safe keeping at the bank, such as the content of safety deposit boxes or securities held on specific accounts.

The bank's debts with employees, suppliers, the tax office and social security institutions (salaries, pensions and services that are essential for the running of the bank).

Investments in funds, Sicav and financial insurance products.

For more information please refer to the Bank of Italy Document.

 

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Reference documentation

Media Gallery

Decreto Salva Banche di Banca Italia 52.2 KB
Decreto Legislativo 180_2015 4.2 MB
Comunicazione Consob 97.2 KB
Documento Banca d'Italia 218.7 KB