Sp Mortgage Bank Plc - Company Announcement

Sp Mortgage Bank Plc: Savings Banks Amalgamation's additional capital buffer requirement

Sp Mortgage Bank Plc                                        STOCK EXCHANGE
RELEASE
20.12.2016 at 04.00 PM





Savings Banks Amalgamation's additional capital buffer requirement

The Finnish Financial Supervisory Authority has imposed on Savings Banks
Amalgamation an 0,5 % additional capital buffer requirement (Pillar 2) based on
the Act on Credit Institutions (610/2014) chapter 11 and section 6 (3). The
additional capital buffer requirement must be fulfilled with the EU's Capital
Requirements Regulation (575/2013) definition of core capital (CET1). The
additional capital buffer requirement comes into force end of June 2017.

At the end of June 2016, the CET1 capital ratio of the Savings Banks
Amalgamation was 18.1% and the total capital ratio of was 19.3%.

Sp Mortgage Bank Plc

Additional information:
Pasi Kämäri, Chairman of the Board
Sp Mortgage Bank Plc
pasi.kamari@saastopankki.fi
+358 500 688222



Sp Mortgage Bank is part of the Savings Banks Group and the Savings Banks
Amalgamation. The role of Sp Mortgage Bank is, together with Central Bank of
Savings Banks Finland Plc, to be responsible for obtaining funding for the
Savings Banks Group from money and capital markets. Sp Mortgage Bank is
responsible for the Savings Banks Group's mortgage-secured funding by issuing
covered bonds. Read more: http://www.saastopankki.fi/debtinvestors


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