Säästöpankkien Keskuspankki Suomi Oyj - Company Announcement

Säästöpankkien Keskuspankki Suomi Oyj: Savings Banks Amalgamation's additional capital buffer requirement

Central Bank of Savings Banks Finland 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%.



CENTRAL BANK OF SAVINGS BANKS FINLAND PLC


Additional information:
Pasi Kämäri, Chairman of the Board
Central Bank of Savings Banks Finland Plc
pasi.kamari@saastopankki.fi
+358 500 688222



The Central Bank acts as the central credit institution for the Savings Bank
Group
Central Bank of Savings Banks Finland Plc belongs to the Savings Banks
Amalgamation. The role of the Central Bank of Savings Banks Finland Plc is to
ensure the liquidity and borrowing activities of the Savings Banks Group. It
acquires funds and operates in the money markets and capital markets on behalf
of the Group as well as manages payment transfers. The Central Bank also manages
the internal balancing of the Group's liquidity.




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