trending Market Intelligence /marketintelligence/en/news-insights/trending/bzyhs0nlzm8lhmend5g4za2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Banco BPI to get capital boost from Viacer stake sale

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on LGD

BLOG

Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level

Blog

Financial Institutions Factor Transition Risk into Climate-Related Stress Testing


Banco BPI to get capital boost from Viacer stake sale

Portugal-based Banco BPI SA and its pension fund agreed to sell stakes in Viacer – Sociedade Gestora de Participações Sociais Lda to Violas SGPS SA.

The bank will sell its 14% stake for €130.5 million, while the pension fund will sell its 11% stake for €102.5 million. The transaction will increase Violas' shareholding in Viacer, a company that owns 56% of the share capital of beer company Super Bock Group SGPS SA, to 71.5%.

The stake sale, which is subject to competition approval, will increase the bank's common equity Tier 1 ratio by 45 basis points.

Banco BPI is a unit of CaixaBank SA.