AI assistant
Sydbank — Capital/Financing Update 2015
Nov 24, 2015
3387_rns_2015-11-24_1479c229-1fc7-46f9-9c3f-a7a7b38876b4.html
Capital/Financing Update
Open in viewerOpens in your device viewer
News Details
UK Regulatory | 24 November 2015 18:30
EBA data collection
Sydbank A/S / Miscellaneous
24-Nov-2015 / 18:30 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group
AG.
The issuer is solely responsible for the content of this announcement.
Aabenraa, Denmark, 2015-11-24 18:30 CET (GLOBE NEWSWIRE) --
Since 2010 the European Banking Authority (EBA) has conducted EU-wide stress
tests and capital tests as data collections where Sydbank and other major banks
from EU countries have participated.
The EBA has now completed yet a data collection exercise. The data collection
was performed in continuation of the EBA's press release from 15 July 2015 on
postponing the next EU-wide stress test until 2016.
The purpose of the data collection exercise is to promote greater market
transparency and openness about the European banking sector's exposures.
The data collected include information regarding capital composition, selected
credit exposures and sovereign exposures. The data collection is based on
accounting and capital items calculated at 31 December 2014 and at 30 June
2015.
According to the exercise, Sydbank's Common Equity Tier 1 capital ratio
represents 14.1% at 30 June 2015 emphasizing that Sydbank has a very solid
capital structure.
Sydbank has no exposure to government bonds with poor credit ratings.
The results of the EBA's exercise are included as an appendix.
Please contact Joern Adam Moeller, CFO, on tel +45 74 37 24 00 if you require
additional information.
Click on, or paste the following link into your web browser, to view
the associated documents
https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=538405
https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=538404
News Source: NASDAQ OMX
24-Nov-2015 The EQS Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap.de/ukreg
Language: English
Company: Sydbank A/S
Dänemark
ISIN: DK0010311471
Category Code: MSC
TIDM: 0G6U
Sequence Number: 2924
Time of Receipt: 24-Nov-2015 / 18:29 CET/CEST
End of Announcement EQS News Service
415941 24-Nov-2015