Market announcement

Bigbank AS

Category

Other corporate action

Date

13.12.2023 16:30:00

Title

Uuendatud kapitalinõuded Bigbank AS-ile

Message

2023. aasta  detsembris  esitas  Finantsinspektsioon  Bigbank AS-ile iga-aastase
järelevalvealase  läbivaatamise  ja  hindamisprotsessi  (SREP)  järgsed kapitali
adekvaatsuse     arvutuse     tulemused.     Hindamise    tulemusena    otsustas
Finantsinspektsioon kehtestada Bigbank AS-ile uue Pillar 2 kapitalinõude.

Finantsinspektsiooni  otsuse  kohaselt  kohaldub  Bigbank AS-ile konsolideeritud
alustel   täiendav   omavahendite   nõue   (P2R)   summas  3,2% riskipositsiooni
kogusummast  (TREA),  millest  vähemalt  2,4% peab  olema  kaetud esimese taseme
põhiomavahenditega ja vähemalt 1,8% esimese taseme omavahenditega. See tähendab,
et  Pillar 2 kapitalinõue vähenes võrreldes eelmise aastaga 1,29 protsendipunkti
võrra.

Finantsinspektsioon jättis eelmise aastaga võrreldes samale tasemele Bigbank AS-
ile  konsolideeritud  baasil  kohalduva  Pillar  2 suunise (P2G), mis on 1,5%-le
TREA-st.

Uued P2R ja P2G suhtarvud kehtivad alates 01.01.2024.

Bigbank  AS  (www.bigbank.ee)  on  Eesti  kapitalil põhinev era- ja äriklientide
laenudele  ja  hoiustele  keskendunud  pank,  millel on lisaks tegevusele Eestis
filiaalid Soomes, Rootsis, Lätis, Leedus ja Bulgaarias ning mis pakub piiriülese
teenusena  oma tooteid ka Austrias, Saksamaal ja Hollandis. Bigbanki bilansimaht
ületab 2 miljardit eurot.

Argo Kiltsmann
Juhatuse liige
E-mail:  argo.kiltsmann@bigbank.ee
www.bigbank.ee (http://www.bigbank.ee)

Title

Renewed Capital Requirements for Bigbank AS

Message

In  December 2023, the Estonian FSA presented Bigbank AS with the outcome of the
annual  Supervisory  Review  and  Evaluation  Process  (SREP)  capital  adequacy
calculation.  As an outcome of  the evaluation the FSA  decided to establish new
Pillar 2 capital requirement for Bigbank AS.

According  to the decision of  the FSA, an additional  requirement for own funds
(P2R)  in the amount of 3.2% from the  total risk exposure amount (TREA) applies
to Bigbank AS on consolidated basis, of which at least 2.4% must be covered with
Core Tier 1 own funds and at least 1.8% with Tier 1 capital. This means that the
Pillar 2 capital requirement decreased by 1.29 percentage points.

The  FSA has decided to keep the  Pillar 2 guidance (P2G), applicable to Bigbank
AS  on consolidated  basis, on  the same  level compared  to last year, which is
1.5% from the TREA.

The renewed P2R and P2G ratios are applicable from 01.01.2024.

Bigbank  AS (www.bigbank.ee) is  based on Estonian  capital and focuses on loans
and  deposits for private and corporate customers. In addition to its activities
in  Estonia, Bigbank  has branches  in Finland,  Sweden, Latvia,  Lithuania, and
Bulgaria  and offers its products as  a cross-border service in Austria, Germany
and the Netherlands. Bigbank's total balance sheet exceeds 2 billion euros.

Additional information:

Argo Kiltsmann
Member of the Management Board
E-mail:  argo.kiltsmann@bigbank.ee
www.bigbank.eu