Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Monday, 4 September 2017

EIKA BOLIGKREDITT AS: PILLAR 2 REQUIREMENT

Eika Boligkreditt AS    

Published: 17:30 CEST 04-09-2017 /GlobeNewswire /Source: Eika Boligkreditt AS / : 96BL /ISIN: XS0736417642

EIKA BOLIGKREDITT AS: PILLAR 2 REQUIREMENT

The Financial Supervisory Authority (FSA) has set the Pillar 2 requirement for Eika Boligkreditt AS (EBK) to 0.5% of risk-weighted assets. Pillar 2 capital requirement includes capital for risk factors that are not captured by the Pillar 1 requirement. The requirement must be covered by core equity tier 1 capital and applies from 30 November 2017.
 
The pillar 2 requirement comes in addition to the minimum and buffer requirements for core tier 1 capital in pillar 1. EBK's requirement will be 12% from 30 November 2017. EBK had a core tier 1 capital ratio of 12.6% at 30 June 2017.
 
This information is disclosed in compliance with section § 5-12 of the Securities Trading Act.
 
Contacts: 
CFO Odd-Arne Pedersen, tel. 22 87 81 44 
Senior VP Funding Anders Mathisen, tel. 22 87 80 33 




This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Eika Boligkreditt AS, Parkveien 61, Oslo 0201, Norway
If you would like to unsubscribe and stop receiving these e-mails click here.