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Banca Akros increases the dose with 14 new Equity Premium Autocallable Certificates with Memory Effect

Banca Akros confirmed the success of the products issued directly on the market by launching a new series of Certificates to replace the July 2022 issue, which had 12 out of 12 Certificates called early on 30 March. The structure is a rerun of July’s but offers the possibility of choosing between different underlyings and risk/return combinations. There are 14 Equity Premium Autocallable Certificates with Memory Effect, duration of 24 months, which allow the investor to obtain two unconditional coupons, coupons conditional on the performance of the underlying share with Memory Effect and that can mature early from December 2023 by repaying the Issue price plus the Premium and any previously unpaid premiums (Memory Effect).

Key Elements:

  • Threshold: from 50% to 75%
  • Premiums: from 2.10% (8.40% p.a.) to 3.45% (13.80% p.a.)
  • Premium frequency: quarterly (first two premiums Unconditional, then conditioned with premium trigger = barrier level and Memory Effect)
  • Autocallability: quarterly from December 2023

The Certificates all have a minimum denomination of 100 Euros and are listed on Cert-X of the Italian Stock Exchange. It is possible to purchase them at the market price on the open market at any time through your financial intermediary/online broker.


Read the press release


Further details available at the following link: EQUITY PREMIUM AUTOCALLABLE CERTIFICATES CON EFFETTO MEMORIA – MARZO 2023 | Banca Akros



Banca Akros guarantees the tradability of its Certificates on the MTF Cert-X of Euro-TLX. Through its activity as a specialist, Banca Akros provides prices on an ongoing basis, making it easy to trade the Certificates. To receive further information on the characteristics and procedures for joining the offer and trading of the Akros Certificates, to consult the information material and prospectuses, or to find out about the quotations, you can visit, call the freephone number 800.215.328 or contact your bank directly. Prices are also available on the Euro-TLX website. This document constitutes advertising material for promotional purposes, prepared by the issuer Banca Akros S.p.a. (hereinafter “Banca Akros”) for the purpose of providing certain summary information on the characteristics of the Certificates and should not be considered as an offer to the public or recommendation to invest. In this respect, reference should be made exclusively to the Base Prospectus prepared by the issuer in order to find complete and comprehensive information on the issuer itself and on the characteristics of the Certificates. Certificates are complex instruments whose market value depends on the performance of the underlying asset and could become even lower than the nominal value. The issuer’s payment of any periodic amounts due and the settlement amount is subject to credit risk and bail-in risk. From this it follows that this type of investment has risk profiles that make it unsuitable for all investors. It is therefore appropriate that the potential investor in Certificates, before proceeding with the investment, should gather all the information necessary for the correct assessment of risks and consequent suitability and appropriateness to their own profile, if necessary by contacting their broker and at the same time providing the latter with all the information it may require regarding: knowledge and experience in investment matters, financial situation, investment objectives including risk tolerance. This is intended to allow the intermediary to assess the suitability and appropriateness of the investment to the individual investor’s profile. Investment decisions in the Certificates shall be the sole responsibility of the investor and the consequences of any losses resulting from the investment in the Certificates shall be borne solely by the investor. The Certificates may only be subscribed, purchased or sold through intermediaries authorised to provide investment services. These intermediaries will be solely responsible for receiving and executing orders. The offer and sale are restricted in some states or for residents of some states. The Certificates are issued by Banca Akros, and therefore transactions carried out by Banca Akros on these instruments, as well as by other companies belonging to the Banco BPM Banking Group, constitute transactions in conflict of interest. Before signing up, read the basic prospectus and the KID (Key Information Document) carefully, which are published on the website The Base Prospectus is also available at the issuer’s registered office on viale Eginardo, 29 – Milan.