DNB - Supervisory Review and Evaluation Process (SREP) 2024

07 Nov 2024 17:56 CET

The Financial Supervisory Authority of Norway ("the FSA") regularly carries out
a Supervisory Review and Evaluation Process ("SREP"), where they evaluate the
risks and capital needs of DNB. The SREP includes a decision regarding the
Pillar 2 Requirement and the Pillar 2 Guidance, which comes in addition to the
minimum requirements and combined buffer requirements under Pillar 1. DNB has
now received this year's decision from the FSA, which will apply from 31
December 2024.

The FSA has decided that the Pillar 2 Requirement for DNB (on a group level)
shall be reduced from 2.0 % to 1.7 % of the total risk exposure amount (TREA).
At least 56.25 % of the requirement shall be met with common equity tier 1
(CET1) capital, while 75 % must be met with tier 1 capital. The new Pillar 2
Requirement will therefore reduce the total capital requirement by 0.3
percentage points, the tier 1 requirement by 0.23 percentage points and the CET1
requirement by 0.17 percentage points.

The Pillar 2 Guidance is unchanged at 1.25 % of TREA.


Source

DNB Bank ASA

Provider

Oslo Børs Newspoint

Company Name

ADJ Sparebank Kreditt 85/25 CALL, ADJ Sparebank Kreditt 86/26, DNB Bank ASA 20/30 FRN C SUB, DNB BANK ASA, DNB Bank ASA 21/29 ADJ C, DNB Bank ASA 21/29 FRN C, DNB Bank ASA 21/32 FRN C SUB, DNB Bank ASA 21/32 ADJ C SUB, DNB Bank ASA 22/32 FRN C SUB, DNB Bank ASA 22/PERP FRN C HYBRID, DNB Bank ASA 22/PERP ADJ C HYBRID, DNB Bank ASA 23/PERP FRN C HYBRID, DNB Bank ASA 23/33 FRN SEK C SUB, DNB Bank ASA 23/33 ADJ C SUB, DNB Bank ASA 23/33 FRN C SUB, DNB Bank ASA 23/33 ADJ SEK C SUB, DNB Bank ASA 23/PERP FRN SEK C HYBRID, DNB Bank ASA 23/PERP ADJ SEK C HYBRID, DNB Bank ASA 23/PERP ADJ C HYBRID, DNB Bank ASA 24/PERP ADJ SEK C HYBRID, DNB Bank ASA 24/30 FRN C

ISIN

NO0001595557, NO0001595599, NO0010883341, NO0010161896, NO0011038309, NO0011038317, NO0011151672, NO0011151680, NO0011203374, NO0012618984, NO0012618992, NO0012740119, NO0012740101, NO0012811829, NO0012850629, NO0012850611, NO0012850603, NO0012850637, NO0013013896, NO0013013904, NO0013013888, NO0013013870, NO0013167114, NO0013223586

Symbol

DNB

Market

Euronext Oslo Børs