Bank of Italy identifies 6 Italian banks as Other Systemically Important Institutions (O-Siis) for 2027

Oct 23 (Reuters) - UniCredit SpA CRDI.MI:

• BANK OF ITALY SAYS IT IDENTIFIES UNICREDIT, INTESA SANPAOLO, MONTE DEI PASCHI DI SIENA, BANCO BPM, BPER BANCA, AND ICCREA BANKING GROUPS AS OTHER SYSTEMICALLY IMPORTANT INSTITUTIONS (O-SIIS) AUTHORIZED TO OPERATE IN ITALY FOR 2027

• BANK OF ITALY: AS OF 1 JANUARY 2027, UNICREDIT, INTESA SANPAOLO, MONTE DEI PASCHI DI SIENA, BANCO BPM, BPER BANCA, AND ICCREA WILL HAVE TO MAINTAIN AN O-SII BUFFER OF 1.25%, 1.25%, 0.50%, 0.50%, 0.50%, AND 0.25% RESPECTIVELY