Liberbank returns €124 Million To Frob

24/12/2014 – El Mundo

Liberbank has retired in advance the issued contingent convertible bonds (CoCo’s) of €124 million purchased by the FROB within a plan to recapitalize the company, through which it has returned the aid. With this, the company has a blue-chip capital ratio of 13.5%, far exceeding the minimum requirement of 8%.

Original article: El Mundo

Translation: Aura REE