Authorised the use of internal models for the measurement of capital requirements for credit risk

BPER Banca Group has received the authorisation from the European Central Bank (“ECB”) to use its own internal models (“AIRB”) for the measurement of its capital requirements for credit risk.

The scope of application of the AIRB models relates to the Corporate and Retail portfolios and includes  the following commercial banks belonging to the Group: BPER Banca, Banco di Sardegna and Banca di Sassari.

Application of these models will give the Group's capital ratios a considerable boost, starting from the balance sheet as of 30 June 2016 which is expected to be approved on 4 August.