Pohjola Pankki Oyj - Company Announcement

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

Pohjola 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]

Attachments:

OP-Group Comprehensive Assessment Outcome.pdf

OP-Group Results of EU-Wide Stress Test.pdf