Brief: BaFin Concludes Institution-Related Measures
16/02/2022 11:59
Feb 16 (Reuters) -
* BAFIN - GRENKE AG AND GRENKE BANK AG: BAFIN HAS
DEFICIENCIES
REMEDIED, SETS ADDITIONAL CAPITAL REQUIREMENTS AND CONCLUDES
INSTITUTION-RELATED MEASURES
* BAFIN - HAS ORDERED GRENKE AG AND GRENKE BANK AG TO ENSURE
PROPER BUSINESS ORGANISATION
* BAFIN - AS PART OF THE REGULAR SUPERVISORY REVIEW AND
EVALUATION
PROCESS (SREP), IT HAS ALSO DETERMINED THE OWN FUNDS THAT THE
INSTITUTIONS MUST HOLD UNTIL THEY HAVE WORKED THROUGH THE
DEFICIENCIES
* BAFIN - NO FURTHER INSTITUTION-RELATED MEASURES ARE TAKEN
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