REG - Nova Ljubljanska - Announcement of MREL requirement

Nova Ljubljanska Banka dd LjubljanaAnnouncement

25/05/2023 16:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230525:nRSY7143Aa&default-theme=true

RNS Number : 7143A  Nova Ljubljanska Banka d.d.  25 May 2023

 

 

Announcement of MREL requirement

 

Pursuant to the Rules of the Ljubljana Stock Exchange and Article 158 of the
Market in Financial Instruments Act, relating to the Article 17 of the
Regulation (EU) No 596/2014, NLB d.d., Trg republike 2, 1000 Ljubljana
announces:

 

NLB d.d., Ljubljana ("NLB d.d.") hereby announces that on 24(th) May 2023 it
received the decision of the Bank of Slovenia ("BS") relating to MREL
requirement (Minimum Requirement for own funds and Eligible Liabilities). As
of January 1(st), 2024 and all the time onwards, NLB d.d. must comply with
MREL requirement on a consolidated basis at resolution group level (i.e. NLB
Resolution Group, consisting of NLB d.d., Ljubljana and N Banka d.d. and other
members of the NLB Group excluding banks) which amounts to 30.99% of Total
Risk Exposure Amount ("TREA") (excluding Combined Buffer Requirement ("CBR")
and 10.39% of the Leverage Ratio Exposure ("LRE").

This decision supersedes previous BS decision on MREL requirement dated
21(st) December 2021, which amounted to 31.38% of Total Risk Exposure Amount
("TREA") (excluding Combined Buffer Requirement ("CBR") and 9.97% of the
Leverage Ratio Exposure ("LRE") from 1 January 2024 onwards.

This announcement will be available on the NLB d.d. website (www.nlb.si) as of
25 May 2023.

 

 

Investor Relations

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCPPUAUAUPWGAA