Kuntarahoitus Oyj - Company Announcement

ECB to conduct a comprehensive assessment of Municipality Finance Plc

Municipality Finance Plc
Stock Exchange Release
May 7, 2015 at 11:30 (CET +1)

European Central Bank to conduct a comprehensive assessment of Municipality
Finance Plc 

Due to the systemic significance of Municipality Finance Plc, the European
Central Bank ECB has started a comprehensive assessment of its operations. The
examination of Municipality Finance's resilience and positions consists of an
asset quality review and a forward-looking stress test. 

The comprehensive assessment is a process related to the ECB's Single
Supervisory Mechanism. The assessment is conducted of Europe's largest
financial institutions. Last year the assessment was conducted for the first
time of a total of 130 European financial institutions. This year nine new
organisations are facing the tests due to their estimated increased systemic
significance. The comprehensive assessment is to be completed by the end of
2015. 

At the end of 2014, Municipality Finance was Finland's third largest credit
institution with a balance sheet of 30 billion euros. 

MUNICIPALITY FINANCE PLC

Esa Kallio
Executive VP, Deputy to the CEO, Head of Capital Markets
Tel. +358 50 3377 953

Attachments:

ECB Comprehensive assessment of Municipality Finance.pdf