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2010-07-23 18:00:00 CEST 2010-07-23 18:00:02 CEST REGULATED INFORMATION Pohjola Pankki Oyj - Company AnnouncementPohjola Data Included in OP-Pohjola Group's Stress Test ResultsPohjola Bank plc COMPANY RELEASE 23 July 2010, 7.00 pm Pohjola Data Included in OP-Pohjola Group's Stress Test Results The Committee of the European Banking Supervisors (CEBS), in cooperation with the European Central Bank, the European Commission and national supervisory authorities, coordinated an EU-wide forward-looking stress test of 91 banks in June-July. In Finland, the Financial Supervisory Authority coordinated the implementation of the test in cooperation with the Bank of Finland. Of the Finnish banks, OP-Pohjola Group was included in the stress test exercise. Given that Pohjola Bank plc is part of OP-Pohjola Group operating under the principle of joint responsibility, its data are included in the test results. OP-Pohjola Group's banking earnings and capital base would remain strong even if the assumptions of economic deterioration used in the Europe-wide bank stress test were to materialise. Conducted by CEBS, the stress test gave a clean bill of health to OP-Pohjola Group, as expected. The results of OP-Pohjola Group can be found in the analysis report by the Financial Supervisory Authority. Pohjola Bank plc Carina Geber-Teir Chief Communications Officer FOR MORE INFORMATION, PLEASE CONTACT: Carina Geber-Teir, Chief Communications Officer, tel. +358 (0)10 252 8394 DISTRIBUTION NASDAQ OMX Helsinki London Stock Exchange Major media pohjola.fi, op.fi |
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