Market announcement
Bigbank AS
LEI code
5493007SWCCN9S3J2748
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Industry sector(s)
Credit institution
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
17722
Submission date and time
29.08.2025 17:00:58
Content of announcement in Estonian
Title
Bigbank AS uuendab strateegiat
Message
Bigbank AS nõukogu uuendas 28. augustil 2025 toimunud koosolekul ettevõtte strateegiat perioodiks 2022-2026. Ettevõte alustas sisemudelite (internal ratings-based, IRB) rakendamise projektiga eesmärgiga vähendada krediidiriski kapitalinõuet ning optimeerida kapitali kasutust. Seoses regulatiivsete muudatustega, mis tulenevad Euroopa Parlamendi ja nõukogu määrusest (EL) 2024/1623 ning regulatsiooni täielikust rakendumisest alates 2030. aastast, on IRB meetodi kapitalieelis võrreldes standardmeetodiga oluliselt vähenenud. Juhatuse liige Mart Veskimägi rõhutas, et kuigi IRB projekti rakendamine peatatakse, jätkab Bigbank keskendumist laenuportfelli kvaliteedi tagamisele, andmehalduse arendamisele ning mudelite täiustamisele. Küll aga muutub nende tegevuste eesmärk. Uue strateegia kohaselt on Bigbank AS-i sihiks saavutada soovitud laenuportfelli kvaliteet, mis loob eeldused kapitalinõuete veelgi tõhusamaks juhtimiseks ning kapitali tootluse suurendamiseks, rakendades laiemalt kapitali juhtimisele keskenduvat lähenemist. Rohkem kui 30-aastase tegevusajalooga Bigbank AS (www.bigbank.ee (https://www.globenewswire.com/Tracker?data=XwrBLQaAOKKHeQXIgg87RQK2QYn7iuq3orPx 3v6T9940zu9r4XXOdykAHKpv3HybVOUMOrr5eyS_Mf2l1A5hwDve4IQuha1AIIdmW0zBuifCjq699GV1 qLKUsJaYxwKiAxZVr1mXSGt9xSbq_SxC9YrhzSfJFpxYAYswmx_9ff3UWUbXrkMaofcXJpx8vEdmam47 XeQg5MPjGCqyTQOT8TpP3dAaTCS5cPEeLgRojfIlVprESQRbM6yMeVkKMQR8Q3VSYaVX0kRpVwNQgnZ3 ejSc69xFse4tC0o2YBxi0Jg1Gnl42VCVh9Msd555tA0Rn4Aagrq_HJNRBUxksCUJrqEnwIJJubpBUxuY mw3B6vaU_wjiR4eah8XyLsMdLMM08CaJFiSWCZTe- l3O3PInWGJncFRGR_SN916oDsGo411eYgQSGwiTQ2KEDE9Z9AxQ)) on Eesti kapitalile kuuluv kommertspank. 31.juuli 2025 seisuga oli panga bilansimaht kokku 3,1 miljardit eurot ning omakapital 284 miljonit eurot. Üheksas riigis tegutseval pangal on kokku üle 175 000 aktiivse kliendi ning üle 600 töötaja. Reitinguagentuur Moody's on väljastanud Bigbankile pikaajalise pangahoiuste reitingu tasemel Ba1 ning baaskrediidireitingu (BCA) ja kohandatud BCA tasemel Ba2. Lisainfo: Martin Länts Juhatuse esimees E-mail:[email protected] (https://www.globenewswire.com/Tracker?data=zK1GLCsAaU8ZoF6DX9bRfMSeHsLdAZueB5Fw hMfFkP2DdoElV24IGpgpIX6be-E8G-JTYlC8QyO7FDaVJlpRgRkfnu0zeeft05Yhx84NCZY=) www.bigbank.ee (https://www.globenewswire.com/Tracker?data=MdJXF4SP0WSTTEtpPNOCkYkF_Pd7RE5P69pn eD-fcke5bKUJlA9CMDWSxUujG2gTm-yMTJBiZ6_eDLd3CcquYA==)
Content of announcement in English
Title
Renewal of Bigbank AS Strategy
Message
On 28 August 2025, the Supervisory Board of Bigbank AS updated the bank's strategy for the period 2022-2026. Bigbank AS had initiated a project to implement internal ratings-based (IRB) models with the aim of reducing the capital requirement for credit risk and optimising capital usage. Due to changes in regulatory requirements stemming from Regulation (EU) 2024/1623 of the European Parliament and Council, and the full implementation of the regulation from 2030 onwards, the capital advantage of the IRB approach over the standardised approach has significantly diminished. According to Management Board Member Mart Veskimägi, the suspension of further implementation of the IRB project does not mean that Bigbank AS will reduce its focus on loan portfolio quality, data and data management development, or model enhancement. However, the objective of these activities will change. Under the update strategy, Bigbank AS aims to achieve the desired loan portfolio quality, which will enable even more efficient management of capital requirements and increase capital return, reflecting a broader approach focused on capital management. Bigbank AS (www.bigbank.eu (https://www.globenewswire.com/Tracker?data=XwrBLQaAOKKHeQXIgg87Rc- pEIgsPvtNHCxUKtg10lCsNEk8G2Gx1hSxzG7iLTmOrMSw9geDYbNowXxiyYnfN9fD_ptXR4064nlK0r2 Em_ttAonzXd9V3FMhpyQ2j1GZtH69ugH2pNT_VKG4hofFF_- YuwH7CITUsc3j0lT3TyduyNf2Pg4JA84pwAY_4BOqSglcWTqbGKp4gfo_i- d1Ck1jnZHC4kGrXqQXITI9taKs4Iq0Mx6Ii8ZCB3AiCtFVbNUuIrgN_8uJTdS8gyZP8btarEjUdkfbIw DOe4zAaBbxxIE8Crf-bDyTGjXiU6Yv5eXC9xWVsZH4Tig-fnSk0fF0jbOCHMsN3fXTjz- JX0Z1OC0kWJbPFPUhSFqFB1PeUBkiPZ6YZ0nYWAMr5j- XjrAgebkrznxdikIvjUiBIAvBXCjX1qkP_Sl82OPy5d5On1-bW7xCRBJSLF0Mn8m4nT4c- 9eAQt0zuNFdFW1WZag=)), with over 30 years of operating history, is a commercial bank owned by Estonian capital. As of 31 July 2025, the bank's total assets amounted to 3.1 billion euros, with equity of 284 million euros. Operating in nine countries, the bank serves over 175,000 active customers and employs more than 600 people. The credit rating agency Moody's has assigned Bigbank a long- term bank deposit rating of Ba1, along with a baseline credit assessment (BCA) and an adjusted BCA of Ba2. Additional information: Martin Länts Chairman of the Management Board E-mail:? [email protected] www.bigbank.eu