Correction: OP Mortgage Financial institution specifies the CET1 minimal requirement proven in its Half-year Monetary Report for 1 January–30 June 2022 – GlobeNewswire

August 17, 2022 By admin

| Supply: OP Mortgage Financial institution plc OP Mortgage Financial institution plc
Helsinki, FINLAND
OP Mortgage Financial institution
Inventory Change Launch 16 August 2022 at 8.00 pm EEST
Half-year Monetary Report
Correction: OP Mortgage Financial institution specifies the CET1 minimal requirement proven in its Half-year Monetary Report for 1 January–30 June 2022
OP Mortgage Financial institution (OP MB) said on web page 1 of its Half-year Monetary Report (H1 report), printed on 27 July 2022, that its whole CET1 capital requirement is 7 per cent. OP MB covers the shortfalls of Extra Tier 1 (AT1) and Tier 2 (T2) capital with CET1 capital. This will increase the CET1 capital requirement to 10.5 per cent (7 per cent in H1 report). OP MB’s CET1 ratio is 29.6 per cent as said in its H1 report.
The corrected full Half-year Monetary Report is appended to this launch. Additionally it is accessible at op.fi. 
OP Mortgage Financial institution
Additional info:  
OP Monetary Group Communications, tel. +358 10 252 8719, [email protected] 
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