Report No.49/2016

Legal basis:

Article 17.1 MAR Regulation

Contents of the Report:

The Management Board of PKO Bank Polski S.A. (“Bank”) hereby reports that on 10 October 2016 received the decision of the Polish Financial Supervision Authority (“PFSA”) identifying Bank  as other systemically important institution (“O-SII”) on the basis of an assessment of the systemic importance of the Bank in accordance with Article 39.6 of the Act of 5 August 2015 on Macro-Prudential Supervision and Crisis Management in the Financial Sector, and imposing on the Bank the buffer 0.75% of total amount of the risk exposure  calculated in accordance with art. 92 sec. 3 of the EU Regulation No. 575/2013.

Based on the article 39 item 4 of the Act of 5 August 2015 on Macro-Prudential Supervision and Crisis Management in the Financial Sector, the PFSA decision is immediately enforceable.

At the date of this current report, the Bank fulfills the PFSA requirement related to the minimum capital adequacy ratios on both the individual and consolidated levels.