Brief: Arion Banki Hf Expects To Make An Impairment And Pay Out Guarantees Which Will Negatively Affect Bank's Q3

Arion banki hf

02/10/2018 08:17

Arion banki hf  ARION.IC :
    * EXPECTS TO MAKE AN IMPAIRMENT AND PAY OUT GUARANTEES WHICH
WILL
NEGATIVELY AFFECT BANK'S Q3
    * POST TAX IMPACT IS EXPECTED TO AMOUNT TO ISK 1.3 - 1.8
BILLION.
    * BANK'S CET1 RATIO IS EXPECTED TO DECREASE BY UP TO 0.2
PERCENTAGE POINTS
    * MEDIUM TERM FINANCIAL TARGETS, SUCH AS BANK'S CET 1
TARGET,
REMAIN UNCHANGED.

Source text for Eikon:  ID:nGNEr3p7r 
Further company coverage:  ARION.IC