Brief: Pillar 2 Requirements For Morrow Bank Reduced To 5.4%

Morrow Bank ASA

24/05/2024 08:54

May 24 (Reuters) - Morrow Bank ASA  MOBAM.OL :
    * FINANCIAL SUPERVISORY AUTHORITY OF NORWAY (NFSA) DECIDED THAT PILLAR 2 REQUIREMENTS FOR
MORROW
BANK SHALL BE REDUCED FROM 6.5% TO 5.4% OF TOTAL RISK EXPOSURE AMOUNT
    * NFSA EXPECTS MORROW BANK TO HAVE CAPITAL BUFFER (P2G) IN FORM OF CET1 OF 2.0% OF TOTAL
RISK
EXPOSURE AMOUNT

Source text for Eikon:  ID:nObi4x60Ba 
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