Current Report no. 1 (2018)
PFSA decision of the amount of an additional own funds requirement for Bank Zachodni WBK S.A. by way of the buffer requirement for other systemically important institutions.
The Management Board of Bank Zachodni WBK S.A. ("the Bank"), in relation to current report no. 26/2017 dated 28th November 2017, hereby informs that on 4th January 2018 it received the Polish Financial Supervision Authority decision dated 19th December 2017 regarding: (i) identification the Bank as the other systematically important institution issued on the basis of assessment of the systematic importance of the Bank in compliance with Article 39 (6) of the Act of 5 August 2015 on Macro-Prudential Supervision and Crisis Management in the Financial Sector, and (ii) imposing on the Bank the buffer equivalent to 0.50% of total amount of the risk exposure calculated in accordance with art. 92 (3) of the EU Regulation No. 575/2013. This decision is immediately enforceable.
At the date of the report the Bank fulfills the Polish Financial Supervision authority requirement related to the minimum capital adequacy ratio on both the individual and consolidated levels.
Legal basis:
art. 17 of (1) MAR - inside information