Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sydbank Capital/Financing Update 2012

Oct 4, 2012

3387_rns_2012-10-04_8575a81a-0971-46fa-bc91-1913237278bb.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

{# SEO P0-1: filing HTML is rendered server-side so Googlebot sees the full text without executing JS or following an iframe to a Disallow'd CDN path. The content has already been sanitized through filings.seo.sanitize_filing_html. #}

Sydbank A/S / Miscellaneous

03.10.2012 18:00

Dissemination of a UK Regulatory Announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.

Aabenraa, Denmark, 2012-10-03 18:00 CEST (GLOBE NEWSWIRE) -- Sydbank and other major banks from EU countries have participated in the EU-wide capital test conducted at the request of the European Banking Authority (EBA). The purpose of the capital test was to establish the European banking sector's potential need for recapitalisation.

In order to pass the test banks must post a Core Tier 1 capital ratio of a minimum of 9%, which has been fixed by the EBA. According to the test Sydbank's Core Tier 1 capital ratio represents 12.8% at 30 June 2012. Sydbank is therefore 3.8 percentage points above the EBA's minimum requirement and does not require further capital to meet the fixed minimum requirement.

Sydbank has a very solid capital structure and the Bank has no exposure to government bonds with bad credit ratings.

The results of the EBA's capital test are included as an appendix.

Click on, or paste the following link into your web browser, to view the associated documents

https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=405353
https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=405354

News Source: NASDAQ OMX

03.10.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

Language: English
Company: Sydbank A/S

Denmark

Phone:
Fax:
E-mail:
Internet:
ISIN: DK0010311471
Category Code: MSC
LSE Ticker: 0G6U
Sequence Number: 1218
Time of Receipt: Oct 03, 2012 18:00:08

End of Announcement
DGAP News-Service