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SEB A — Skandinaviska Enskilda Banken AB (publ) News Story

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SEB falls after Swedish regulator raises capital requirements

BUZZ-SEB falls after Swedish regulator raises capital requirements

** Shares in Sweden's SEB SEBa.ST fall around 4% after bank regulator Finansinspektionen (FI) said the bank is temporarily subject to higher capital requirements due to model deficiencies

** The capital requirement add-on will remain in place until SEB implements model changes approved by FI that remedy the deficiencies, the regulator says

** Review outcome is expected to temporarily affect SEB's capital buffer negatively by 120 bps through an increase in risk exposure amount of around SEK 150 billion, the bank says

** SEB says it expects to start submitting IRB model applications in Q3 of 2027 at the latest

** If losses hold, the shares are on track for their worst day since January


(Reporting by)

((elviira.luoma@thomsonreuters.com; +48 58 769 66 46;))

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