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Sydbank — Regulatory Filings 2011
Oct 27, 2011
3387_rns_2011-10-27_172e7b5f-24ea-4aae-bcea-c1f941d926d7.html
Regulatory Filings
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UK Regulatory | 27 October 2011 08:05
2011 EU-wide capital test
Sydbank A/S / Miscellaneous
27.10.2011 08:05
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, 2011-10-27 08:05 CEST (GLOBE NEWSWIRE) --
Sydbank participated in the 2011 EU-wide stress test conducted by the European
Banking Authority (EBA) in cooperation with national authorities, the European
Central Bank (ECB), the European Commission and the European Systemic Risk
Board (ESRB). Danmarks Nationalbank and the Danish FSA participated as the
national authorities from Denmark.
In continuation of the stress test, which was published in July 2011, Sydbank
has reported updated information concerning government exposures and capital
position to the EBA.
Compared to the stress test published in July 2011, the EBA has raised the
minimum requirement for the Core Tier 1 capital ratio from 5.0% to 9.0%.
Sydbank's Core Tier 1 capital ratio measured by the EBA constitutes 12.2%,
equal to 3.2 percentage points above the minimum requirement. These are
preliminary and indicative ratios, which will be updated on the basis of data
as of 30 September 2011.
Sydbank does not require increased capitalisation to meet the fixed minimum
requirement of 9.0%.
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associated documents
https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=366238
News Source: NASDAQ OMX
27.10.2011 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: 927
Time of Receipt: Oct 27, 2011 08:05:21
End of Announcement DGAP News-Service