Brief: Resurs Holding: New Financial Capital Targets Following Completed Merger

Resurs Holding AB (publ)

30/11/2018 08:02

Nov 30 (Reuters) - Resurs Holding AB (publ)  RESURS.ST :
    * NEW FINANCIAL CAPITAL TARGETS FOR RESURS HOLDING FOLLOWING
COMPLETED MERGER
    * COMPLETION OF MERGER ENTAILS THAT RESURS BANK'S REGULATORY
CAPITAL REQUIREMENT IS REDUCED BY APPROXIMATELY 1 PERCENTAGE
POINT
    * TOTAL CAPITAL RATIO  TARGET IS LOWERED FROM MORE THAN 15%
TO
MORE THAN 14%,
    * FINANCIAL TARGETS: COMMON EQUITY TIER 1 RATIO IS LOWERED
FROM
MORE THAN 12.5% TO MORE THAN 11.5%.
    * AS A RESULT OF MERGER, YA BANK HAS BEEN DISSOLVED
    * OTHER MID-TERM FINANCIAL TARGETS REMAIN UNCHANGED

Source text for Eikon:  ID:nWkrt9fjb 
Further company coverage:  RESURS.ST 

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