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Announcement of MREL requirement

20th May 2019 12:00

RNS Number : 5452Z
Nova Ljubljanska Banka d.d.
20 May 2019
 

Announcement of MREL requirement

 

NLB d.d., Ljubljana hereby announces that on 17 May 2019, NLB d.d. received the decision of the Bank of Slovenia relating to MREL requirement (minimum requirement for own funds and eligible liabilities), which amounts to 17.93% of Total Liabilities and Own Funds (TLOF) on sub-consolidated level of the NLB Resolution Group (consisting of NLB d.d. and non-core part of the NLB Group). MREL requirement shall be reached by 30 June 2023 and from that date shall be met at all times.

 

MREL requirement is based on the Multiple Point of Entry (MPE) approach.

 

Investor relations

NLB d.d.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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