Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to johnstevens77,Bhoddhisatva,scotia,Anonymous,Cornytiv34, for Donating to support the site

BKIR Resolution Plan

Wizard
Lemon Quarter
Posts: 2829
Joined: November 7th, 2016, 8:22 am
Has thanked: 68 times
Been thanked: 1029 times

BKIR Resolution Plan

#28618

Postby Wizard » February 3rd, 2017, 8:18 am

Does this mean anything for BOI?

http://www.londonstockexchange.com/exch ... 16366.html

"While it is not expected to impact on the Group's reported CET1 ratios, a HoldCo structure may adversely impact the consolidated Group's reported Total Capital and Tier 1 capital ratios. This would arise due to the required de-recognition under Articles 85 and 87 of the Capital Requirements Regulation of a proportion of existing subordinated debt. The impact would depend on the timing of a HoldCo establishment, absolute capital levels and the capital structure at the time of establishment, and any mitigating actions the Group may take. Any impact arising would be eliminated as the relevant subordinated debt is redeemed."
My emphasis.

No holding.

Terry.

Return to “Banking Sector”

Who is online

Users browsing this forum: No registered users and 8 guests