The SRB is currently preparing a non-confidential version of the Valuation Report of Banco Popular

The SRB is currently preparing a non-confidential version of the Valuation Report made by an independent expert and of certain other documents related to the resolution of Banco Popular.

In its recent decisions on cases 38/17 to 43/17, the SRB Appeal Panel confirmed that full disclosure of certain documents related to the resolution of Banco Popular would raise financial stability concerns. At the same time, it decided that the SRB should make public elements of the Valuation Report, the Resolution Plan 2016 and the Resolution Decision, which the Appeal Panel considered to be of a non-confidential nature.

The SRB is currently assessing these documents with a view to publish on its website a non-confidential version of the Valuation Report and of the other above-mentioned documents. This process is ongoing and will unfortunately not be completed before mid-January, as currently the necessary consultations are taking place involving relevant EU and national authorities as well as the entity concerned. The SRB is committed to publishing the above-mentioned documents as soon as possible.