Brief: Norion Bank Presents New Financial Targets

Norion Bank AB

06/02/2024 12:31

Feb 6 (Reuters) - Norion Bank AB  NORION.ST :
    * NORION BANK PRESENTS NEW FINANCIAL TARGETS
    * NORION BANK AIMS TO ACHIEVE A SUSTAINABLE RETURN ON EQUITY
ABOVE
15% OVER TIME
    * NORION BANK'S AIM IS THAT ALL CAPITAL RATIOS SHALL EXCEED
REGULATORY REQUIREMENT BY 200-400 BASIS POINTS
    * POLICY IS TO DISTRIBUTE POTENTIAL SURPLUS CAPITAL IN
RELATION TO
CAPITAL ADEQUACY TARGET, SUBJECT TO BANK'S FUTURE OUTLOOK AND
CAPITAL PLANNING, TO ITS SHAREHOLDERS

Source text for Eikon:  ID:nMFNwy6xq 
Further company coverage:  NORION.ST 

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