NLB: Announcement of MREL requirement

RNS Announcement

RNS Number : 9198D

Nova Ljubljanska Banka d.d.

01 July 2021

Date: 1 July, 2021

Announcement of MREL requirement

NLB d.d., Ljubljana ("NLB d.d.") hereby announces that on 1^st July 2021 it received the decision of the Bank of Slovenia ("BS") relating to MREL requirement (minimum requirement for own funds and eligible liabilities). As of 1^st January 2024 NLB d.d. must comply with MREL requirement on a consolidated basis at resolution group level (i.e. NLB Resolution Group, consisting of NLB d.d., Ljubljana and non-core part of the NLB Group) which amounts to 27.29% of Total Risk Exposure Amount (TREA) and 8.03% of the Leverage Ratio Exposure (LRE). NLB d.d. has to ensure a linear build-up of own funds and eligible liabilities towards MREL requirement and its compliance with 25.38% of the total risk exposure amount and 8.03% of the total exposure amount on 1^st January 2022.

This decision supersedes previous BS decision on MREL requirement dated 7 April 2020.

Investor Relations
NLB d.d., Ljubljana

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCFLFSEDIILIIL

RNS metadata

Title: NLB: Announcement of MREL requirement
Time: 17:00:02
Date: 1 Jul 2021
Category: Miscellaneous
ID: 9198D