Market announcement
AS LHV Group
LEI code
529900JG015JC10LED24
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
9277
Submission date and time
19.01.2022 16:30:00
Content of announcement in Estonian
Title
Finantsinspektsiooni järelevalveline hinnang kapitalile ja AS-i LHV Group sisemised kapitalieesmärgid
Message
Jaanuaris esitas Finantsinspektsioon LHV Groupile järelevalvelise hinnangu ja
täiendava omavahendite nõude (SREP) kapitali adekvaatsuse arvutuses. Võrreldes
eelmise SREP-ga on tõstetud LHV Groupile kehtivaid Pillar 2 kapitalinõudeid ja
süsteemselt olulisuse puhvrit.
Vastavalt Finantsinspektsiooni otsusele rakendub LHV Groupile konsolideeritud
tasemel täiendav omavahendite nõue summas 2,74%, millest vähemalt 1,54% peab
olema kaetud esmase taseme põhiomavahenditega ja vähemalt 2,06% kaetud esmase
taseme omavahenditega.
Lähtudes Finantsinspektsiooni hinnangust ning lisades sellele sisemised puhvrid,
otsustas AS- i LHV Group nõukogu kehtestada minimaalseks koguomavahendite
suhtarvuks 16,50%, minimaalseks esmase taseme omavahendite suhtarvuks 13,50%
ning minimaalseks esimese taseme põhiomavahendite suhtarvuks 11,50%.
Antud suhtarvude komponentide jaotus on järgmine:
Esmase taseme Esmase taseme
põhiomavahendid omavahendid Kogu kapitalinõue
Baasnõue 4,50% 6,00% 8,00%
Pillar 2 kapitalinõue 1,54% 2,06% 2,74%
Kokku SREP
kapitalinõue 6,04% 8,06% 10,74%
Kapitali säilitamise
puhver 2,50% 2,50% 2,50%
Süsteemselt olulisuse
(O-SII) puhver 1,50% 1,50% 1,50%
Süsteemse riski
puhver 0,00% 0,00% 0,00%
Vastutsükliline
puhver 0,00% 0,00% 0,00%
Kombineeritud puhver
kokku 4,00% 4,00% 4,00%
Minimaalne
regulatiivne nõue 10,04% 12,06% 14,74%
Sisemised lisapuhvrid
kokku 1,46% 1,44% 1,76%
Grupisisene
minimaalne
kapitalinõue 11,50% 13,50% 16,50%
Priit Rum
LHV kommunikatsioonijuht
Telefon: 502 0786
Email: [email protected] (mailto:[email protected])
Content of announcement in English
Title
Outcome of Supervisory Review and Evaluation Process by the FSA and AS LHV Group’s internal capital targets
Message
In January, the Estonian FSA, Finantsinspektsioon, presented LHV Group with the outcome of Supervisory Review and Evaluation Process (SREP) capital adequacy calculation. In comparison with earlier the Pillar 2 capital requirement and the systemic importance buffer have been raised. According to the decision of the FSA, an additional requirement for own funds in the amount 2.74% applies to LHV Group, of which at least 1.54% must be covered by Core Tier 1 own funds and at least 2.06% by Tier 1 capital. The Supervisory Board of LHV Group based on the FSA decision and adding to it internal buffers decided to set total CAD target ratio at 16.50%, Tier 1 ratio at 13.50% and Core Tier 1 ratio to 11.50%. Underneath is the target split into components: Core Tier 1 Tier 1 Total CAD ----------------------------------------------------------------------------- Base requirement 4.50% 6.00% 8.00% ----------------------------------------------------------------------------- Pillar 2 capital requirement 1.54% 2.06% 2.74% ----------------------------------------------------------------------------- Total SREP requirement 6.04% 8.06% 10.74% ----------------------------------------------------------------------------- Capital conservation buffer 2.50% 2.50% 2.50% ----------------------------------------------------------------------------- Systemic importance buffer (O-SII) 1.50% 1.50% 1.50% ----------------------------------------------------------------------------- Systemic risk buffer 0.00% 0.00% 0.00% ----------------------------------------------------------------------------- Discretionary counter-cyclical buffer 0.00% 0.00% 0.00% ----------------------------------------------------------------------------- Total combined buffer 4.00% 4.00% 4.00% ----------------------------------------------------------------------------- Total minimal regulatory requirement 10.04% 12.06% 14.74% ----------------------------------------------------------------------------- Additional internally decided buffers 1.46% 1.44% 1.76% ----------------------------------------------------------------------------- Group's internal capitalization targets 11.50% 13.50% 16.50% Priit Rum LHV Communication Manager Phone: +372 502 0786 Email: [email protected] (mailto:[email protected])