Novo Banco exceeds minimum requirements imposed by the ECB

Novo Banco reported that it has surpassed all minimum prudential requirements set by the European Central Bank for 2027 as of June. The bank's capital ratios significantly exceed the minimum requirements for CET 1, Tier 1, and Solvency, indicating strong financial stability. These requirements are designed to ensure the financial soundness of banks and protect customers and the stability of the European financial system. The total minimum prudential requirements include various capital buffers, ensuring robust risk management and capital adequacy.