Kurs & Likviditet
Beskrivning
Land | Norge |
---|---|
Lista | 39974 |
Sektor | Finans |
Industri | Bank |
2021-12-25 16:21:57
SpareBank 1 Østlandet has received feedback from the Norwegian FSA (NFSA)
through the Supervisory Review and Evaluation Process (SREP). The feedback
includes the assessment from the NFSA of the company's Pillar 2 requirement and
capital target.
According to the NFSA, the total capital needs of SpareBank 1 Østlandet under
Pillar 2 is equivalent to 2.0 per cent of risk weighted assets under Pillar 1.
The Pillar 2 requirement must be met with common equity tier 1 (CET 1) capital.
In comparison, the current Pillar 2 requirement of SpareBank 1 Østlandet is 1.8
per cent.
In addition, the NFSA expects SpareBank 1 Østlandet to hold a margin of CET 1
capital above combined requirements for CET 1 capital, Tier 1 capital, and total
capital of at least 1.0 per cent of risk-weighted assets (Pillar 2 guidance).
SpareBank 1 Østlandet will consider the NFSA's assessment and provide feedback
before the deadline of 11 February 2022. Then, the NFSA will decide on the
Pillar 2 requirement for SpareBank 1 Østlandet, with expected effect from 31
March 2022.
Contacts at SpareBank 1 Østlandet:
Richard Heiberg, CEO, tel.: +47 902 06 018
Geir-Egil Bolstad, CFO, tel.: +47 918 82 071
Bjørn-Erik R. Orskaug, Head of Investor Relations, tel.: +47 922 39 185
This information is subject of the disclosure requirements acc. to section 5-12
of the Norwegian Securities Trading Act.