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2022-06-23 18:38:06 CEST 2022-06-23 18:38:06 CEST REGULATED INFORMATION Íslandsbanki hf. - Other information disclosed according to the rules of the ExchangeIslandsbanki hf.: FSA's annual assessment of Íslandsbanki's capital requirementThe Financial Supervisory Authority of the Central Bank of Iceland carries out an annual assessment of risk in the operations of systemically important financial institutions by means of a Supervisory Review and Evaluation Process (SREP). The Financial Supervisory Authority of the Central Bank of Iceland (FSA) carries out an annual assessment of risk in the operations of systemically important financial institutions by means of a Supervisory Review and Evaluation Process (SREP). The process involves an assessment of the capital requirement for financial institutions which results in an additional capital requirement under Pillar 2. The conclusions of this annual process for Islandsbanki have now been made available. The Bank shall from 1 July 2022 maintain an additional capital requirement of 2.6% of risk-weighted assets, which is an increase of 0.1 percentage points from the previous assessment. The Bank’s total capital requirement, taking into account capital buffers, therefore increases from 17.8% to 17.9%. For further information: Íslandsbanki IR releases About Íslandsbanki Disclaimer This press release may contain “forward-looking statements,” involving uncertainty and risks that could cause actual results to differ materially from results expressed or implied by the statements. Íslandsbanki hf. undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. It is the investor's responsibility to not place undue reliance on these forward-looking statements which only reflect the date of this press release. Forward-looking statements should not be considered as guarantees or predictions of future events and all forward-looking statements are qualified in their entirety by this cautionary statement. |
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