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OTS: Erste&Steiermärkische Bank d.d. has received new MREL requirement for the Croatian Resolution Group 2022

Rijeka (HinaOTS) - Erste&Steiermärkische Bank d.d. with its headquarters in Rijeka, Jadranski trg 3/a, OIB: 23057039320, is issuing as follows:

Erste&Steiermärkische Bank d.d.  with its headquarters in Rijeka, Jadranski trg 3/a (hereinafter: the Bank) announces that it has received a notification from the Croatian National Bank about its MREL requirement (Minimum Requirement for own funds and Eligible Liabilities) set by the Single Resolution Board (SRB) and calibrated on balance sheet data as of 31 December 2020 and the Bank Recovery and Resolution Directive 2 (BRRD2).

The Bank, as the resolution entity of the Croatian resolution group1 , must comply with binding interim MREL requirements equivalent to 20.95% (excluding the Combined Buffer Requirement (CBR)) of the Total Risk Exposure Amount (TREA) and 5.91% of the Leverage Ratio Exposure (LRE) of the Croatian resolution group starting from 1 January 2022.

 

Original document can be downloaded as PDF

 

Source of information:

ERSTE & STEIERMÄRKISCHE BANK d.d.

Jadranski trg, 3a 51000 Rijeka

tel./fax - informacije dioničarima:

  385 062 37 1000; +385 062 37 5000

e-mail za informacije dioničarima: pr@erstebank.com

web: www.erstebank.hr

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