Results of the Swedish Financial Supervisory Authority's review and evaluation
The Swedish Financial Supervisory Authority has carried out a review and evaluation with special capital base requirements, liquidity requirements and Pillar 2 Guidance of Resurs Bank.
On 22 June 2023, the Swedish Financial Supervisory Authority announced its consideration of deciding that the bank must, as of 31/12/2022, meet a special capital base requirement regarding concentration risk for credit risk, interest rate risk and other market risks in other operations of 1.9 percent of the total risk-weighted assets, which means a total capital base requirement of 13.5 percent. This is in line with the bank's internal calculations as of 12/31/2022.
Furthermore, the Swedish Financial Supervisory Authority announced that the bank should hold additional capital (Pillar 2 Guidance) corresponding to 0 percent of the institution's total risk-weighted assets, which means a total capital base requirement and Pillar 2 Guidance of 13.5 percent.
In the consideration, the Swedish Financial Supervisory Authority proposes that the bank, for capital base requirements relating to leverage ratio, should hold additional capital (Pillar 2 Guidance) corresponding to 0.50 percent of the institution's total risk-weighted assets, which means a total leverage requirement and Pillar 2 Guidance of 3.5 percent.
The bank has been given the opportunity to comment on the Swedish Financial Supervisory Authority's consideration by August 16 at the latest, which the bank does not intend to do.
MORE INFORMATION:
Stefan Noderen, Interim CFO & Head of IR, stefan.noderen@resurs.se, +46 70 816 02 24
ABOUT RESURS
Resurs is a leading bank in the Nordics with a simple philosophy: we want to create balance in people’s personal finances. On that foundation, we develop offers and services within loans, savings and payments for retail and e-commerce that are based on people’s everyday lives, and that will create long-term value for our customers and for society. Today, we have a customer base of slightly more than 6 million customers and 650 employees in the Nordic region.
Asiakirjat
29 juni 2023