Brief: Norway's finmin adds Sparebank 1 SR-Bank to systemically important institutions

Sparebank 1 Sor-Norge ASA

29/09/2023 14:52

Sept 29 (Reuters) - DNB Bank ASA  DNB.OL :
    * NORWAY'S DNB, KOMMUNALBANKEN, NORDEA EIENDOMSKREDITT AND
SPAREBANK 1 SR-BANK ASA IDENTIFIED AS SYSTEMICALLY IMPORTANT
INSTITUTIONS IN NORWAY -FINANCE MINISTRY
    * THE DECISION MEANS DNB WILL CONTINUE TO MEET A SYSTEMIC
IMPORTANCE BUFFER REQUIREMENT OF 2%, WHILE KOMMUNALBANKEN AND
NORDEA EIENDOMSKREDITT WILL CONTINUE TO MEET REQUIREMENT OF 1% -
MINISTRY
    * SPAREBANK 1 SR-BANK ASA NOW DEEMED A SYSTEMICALLY
IMPORTANT
INSTITUTION THAT SHOULD HOLD A 1% BUFFER FROM SEPT. 30 2024 -
MINISTRY

Source text for Eikon:  ID:nNDL7yMDZ9 
Further company coverage:  DNB.OL 

 (Reporting by Nerijus Adomaitis, Editing by Louise Heavens)
 ((nerijus.adomaitis@thomsonreuters.com;))