STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News:
Nordea (STO:NDA) (OSE:NODA) (HEX:NDA1V) (CSE:NDA)
The European Banking Authority (EBA) Sunday published the result of its EU-wide stress test. The test confirms Nordea’s strong position, as the bank stands well above the set thresholds.
Nordea’s pro-forma Common Equity Tier 1 (CET1%) capital ratio was 13.9 per cent at the end of 2013 according to the new capital regulation.
At the end of 2016 in the adverse stress test scenario Nordea’s CET1% capital was 12.0 per cent (11.8 per cent in 2015), which is well above the 5.5 per cent threshold set by the EBA.
The comprehensive assessment of asset quality and stress test for banks within the euro area was also published on Sunday by the ECB and includes the assessment of Nordea’s Finnish subsidiary (Nordea Bank Finland Group). The results confirm Nordea Bank Finland’s strong position with a CET1% capital ratio of 10.4 per cent at the end of the stress test horizon.
For more detailed facts, see:
EBA webpage - http://www.eba.europa.eu/
ECB webpage - http://www.ecb.europa.eu
For further information: Rodney Alfvén, Head of Investor Relations, +46 72 235 0515 Claus Christensen, Head of Group Identity and Communications, +45 25 24 89 93
This information was brought to you by Cision http://news.cision.com