The Pillar 2 requirement (“P2R”) for Novo Banco in 2026 is set at 2.50%, marking a further decrease of 20 basis points. This reflects an ongoing improvement in the Supervisor’s perception of Novo Banco’s overall risk, as stated in the announcement to the Comissão do Mercado de Valores Mobiliários (CMVM).
Novo Banco also mentioned that as of September 30, 2025, the bank’s capital ratios exceeded the minimum CET 1, Tier 1, and Solvency requirements by significant margins (7.0pp, 5.0pp, and 5.3pp, respectively), demonstrating the robust solvency of Novo Banco.
These ratios are calculated in relation to risk-weighted assets, and the revision follows a new assessment process conducted by the ECB.
Novo Banco’s profits stabilized at 610.5 million euros in the first nine months of the year, consistent with the results from 2024.
