Monday, August 8, 2016

KNF wants to impose on the GNB additional capital buffer, waits for the position of KSF – Onet.pl

“Financial Supervision Commission will take a decision after the occupation of positions by the Committee. Issuer in a separate report indicates the end of the procedure that identifies it as another institution of systemic importance and determining the amount of the buffer to another systemically important institutions after receiving such a decision, “- said in a statement.

GNB reported that on the day the publication of this report, the bank has not received information about the date of introduction of the buffer to another institution of systemic importance and its impact on the minimum capital ratios.

In June this year. Financial Supervisory Commission recommended that Getin Noble Bank verification / complement to the activities contained in the plan of sustained improvement in profitability.

Getin Noble Bank filed a proposal in March, the Financial Supervision Commission (KNF) for acceptance of the rehabilitation program, which may take approx. 3 years. Also in March, the Financial Supervision Authority has recommended GNB additional capital requirement in terms of the group, according to which the minimum capital ratios at the end of June 2016. To be consolidated: the core capital ratio T1 = 11.76%; total capital ratio TCR = 15.26%, and in terms of the individual: the core capital ratio T1 = 11.77%, total capital ratio TCR = 15.28%.

KNF recommended that the bank also stop profit for 2015 years.

Getin Noble Bank was created by the merger of Getin Bank and Noble Bank in 2010. It is controlled by Leszek Czarnecki.

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