Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Portfolio
  • Forum
  • Q&A
  • About Us
    • Our Coverage
    • Team
Regulatory press release

Bank Norwegian AS: The FSA decides adjusted Pillar 2 capital requirement for Norwegian Finans Holding ASA and Bank Norwegian AS (SREP)

Pursuant to Section 13-6, seventh paragraph, second section of the Financial Institutions Act, The Financial Supervisory Authority of Norway (FSA) has decided that in addition to the minimum and buffer capital requirements, Bank Norwegian AS and Norwegian Finans Holding ASA shall have a Pillar 2 capital requirement of 5.8% of risk weighted assets, corresponding to at least NOK 2 030 million. The bank is also expected to keep a management buffer of 1.0%.

The Pillar 2 capital requirement comes into effect 31.03.20. From this date, the CET1 requirement for Norwegian Finans Holding ASA is estimated at 18.5%, a reduction of 0.4 percentage points from the current CET1 requirement including the 3.0% buffer requirement required for distributing excess capital. As of 30.09.19 Norwegian Finans Holding ASA had a CET1 ratio of 20.2% and Bank Norwegian AS a CET1 ratio of 20.6%.


Contact persons:

Head of treasury Mats Benserud; phone +47 95891539

CFO Pål Svenkerud; phone +47 93403904


This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.