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 Regulatory Filings 2011

Dec 8, 2011

3387_rns_2011-12-08_47762c06-fe91-4293-ac5e-e92adef7c591.pdf

Regulatory Filings

Open in viewer

Opens in your device viewer

Sydbank A/S / Miscellaneous

08.12.2011 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, 2011-12-08 18:00 CET (GLOBE NEWSWIRE) -- Dear Sirs

EU-wide capital test

Sydbank and other major banks from EU countries have participated in a capital test on 30 September 2011 conducted at the request of the European Banking Authority (EBA). The purpose of the capital test was to establish the European bank sector's potential need for recapitalisation.

In order to pass the test banks must post a Core Tier 1 capital of a minimum of 9%, which has been fixed by the EBA. Sydbank's Core Tier 1 capital ratio measured in the test constitutes 12.8%. 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.

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

https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=371437

News Source: NASDAQ OMX

08.12.2011 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: 951
Time of Receipt: Dec 08, 2011 18:00:06

End of Announcement
DGAP News-Service