REG - Nova Ljubljanska - NLB: Announcement of MREL requirement

Nova Ljubljanska Banka dd LjubljanaAnnouncement

22/12/2023 12:45

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RNS Number : 8242X  Nova Ljubljanska Banka d.d.  22 December 2023

Date: 22 Dec 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. announces:

NLB d.d., Ljubljana ("NLB d.d.") hereby announces that on 21 December 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 1 January 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 other members of the
NLB Group excluding banks) which amounts to 30.66% of Total Risk Exposure
Amount ("TREA") (excluding Combined Buffer Requirement ("CBR")) and 10.69% of
the Leverage Ratio Exposure ("LRE").

This decision supersedes previous BS decision on MREL requirement dated 23 May
2023, which amounted to 30.99% of TREA (excluding CBR) and 10.39% of the LRE
from 1 January 2024 onwards.

 

 

Investor Relations

NLB d.d., Ljubljana

 

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