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2014-10-26 12:18:52 CET 2014-10-26 12:19:48 CET REGULATED INFORMATION Pohjola Pankki Oyj - Company AnnouncementOP-Pohjola Group's risk-bearing capacity strong in ECB's comprehensive assessment , Pohjola Bank plc's figures included in OP-Pohjola Group's resultsPohjola Bank plc Stock exchange release 26 October 2014 OP-Pohjola Group's risk-bearing capacity strong in ECB's comprehensive assessment , Pohjola Bank plc's figures included in OP-Pohjola Group's results Between November 2013 and October 2014, the European Central Bank and national supervisory authorities carried out a comprehensive assessment of the 130 banks in the European Union that are transferred under ECB supervision in November 2014. Of the Finnish banks, OP-Pohjola Group was included in this exercise. Given that Pohjola Bank plc is part of OP-Pohjola Group operating under the principle of joint liability, its data are included in the test results. OP-Pohjola Group's risk-bearing capacity was strong in ECB's comprehensive assessment. In the adverse scenario, OP-Pohjola Group's capital adequacy remained on a solid basis and clearly above the test's minimum requirement. The Group's Common Equity Tier 1 (CET1) would decrease to 12.0 %, with the minimum requirement being 5.5%. OP-Pohjola Group's results have been presented in the attached tables conforming to the ECB and EBA templates. Pohjola Pankki Oyj Carina Geber-Teir Chief Communications Officer Corporate Communications contacts for media: +358 (0)50 523 9904, viestinta@op.fi Pohjola is part of the leading Finnish customer-owned financial services group, OP-Pohjola. Pohjola provides its customers with banking, non-life insurance and asset management services. Pohjola is OP-Pohjola's central bank and is, together with OP Mortgage Bank, responsible for OP-Pohjola's funding operations on money and capital markets. As laid down in the applicable law, Pohjola, its parent company OP-Pohjola Group Central Cooperative and the member credit institutions are ultimately jointly and severally liable for each other's debts and commitments. The joint liability in OP-Pohjola is prescribed by the Act on the Amalgamation of Deposit Banks Act. www.pohjola.fi [HUG#1865835] |
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