Brief: Sparebank 1 SR Bank Pillar 2 Requirement At 1.6% Of Risk Weighted Assets Under Pillar 1

Sparebank 1 Sor-Norge ASA

12/12/2023 07:43

Dec 12 (Reuters) - Sparebank 1 SR Bank ASA  SRBNK.OL :
    * ACCORDING TO NFSA, TOTAL CAPITAL REQUIREMENT OF SPAREBANK 1 SR-BANK UNDER PILLAR 2 IS
1.65% OF
RISK WEIGHTED ASSETS UNDER PILLAR 1
    * FSA REQUIRES TEMPORARY BUFFER OF 0.55 OF RWA, UNTIL BANK'S CURRENT APPLICATION FOR
IRB-MODEL
ADJUSTMENT HAS BEEN APPROVED
    * PILLAR 2 GUIDANCE OF 1.25 PERCENT IS UNCHANGED

Source text for Eikon:  ID:nObizhPFqa 
Further company coverage:  SRBNK.OL 

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