Brief: Poland's KNF Advises BOS Maintains 3.22 p.p Extra Capital For Loss Absorption

Bank Ochrony Srodowiska SA

17/12/2024 06:36

Dec 17 (Reuters) - Bank Ochrony Srodowiska  BOSP.WA :
    * SAID ON MONDAY THAT POLAND'S FINANCIAL SUPERVISION
AUTHORITY KNF
HAS RECOMMENDED THAT THE BANK LIMIT ITS OPERATIONAL RISK BY
MAINTAINING ADDITIONAL OWN FUNDS TO COVER CAPITAL ADD-ON TO
ABSORB RISK IN CASE OF EXTREME EVENTS
    * KNF HAS RECOMMENDED THAT THE BANK MAINTAINS OWN FUNDS AT
THE
CONSOLIDATED LEVEL AT 3.22 PERCENTAGE POINTS OVER EACH OF THE
OWN FUNDS REQUIREMENTS 

        
 Source text:  urn:newsml:reuters.com:*:nEMtnlQSa
 Further company coverage:  BOSP.WA  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))