Banco Comercial Português informs about Stress Test results
Banco Comercial Português, S.A. concluded today, November 5, 2018, at the Bank’s premises in Taguspark, Av. Prof. Doutor Cavaco Silva, Building 8, in Porto Salvo, Oeiras, Portugal, with 62.1% of the share capital represented, the Annual General Meeting of Shareholders, with the following resolutions:
Item One – Approval of the alteration of the articles of association through the modification of number 2 of article 54 of the Bank’s Articles of Association;
Item Two – Approval of reformulation of the items of own capital with the special purpose of unequivocally reinforcing the future conditions for the existence of funds able of being classified by the regulators as distributable by means of the reduction of the amount of the share capital in 875,738,053.72 euros, without changing the existing number of shares (without nominal value) and without altering the net equity, with the consequent alteration of number 1 of article 4 of the articles of association.
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