Instabank Says FSA Has Decided That Pillar 2 Requirements Shall Be Reduced From 6.2 % To 4.8 % Of Total Risk Exposure Amount
Instabank ASA IINSTA:
FSA HAS DECIDED THAT PILLAR 2 REQUIREMENTS SHALL BE REDUCED FROM 6.2 % TO 4.8 % OF TOTAL RISK EXPOSURE AMOUNT
FSA ALSO EXPECTS INSTABANK TO HAVE A CAPITAL BUFFER (P2G) IN FORM OF CET1 OF 2 % OF TOTAL RISK EXPOSURE AMOUNT
100 PER CENT OF REQUIREMENT MUST BE COVERED WITH CORE EQUITY TIER 1