Report No. 34/2022

25.11.2022 10:19
The expiration of the Polish Financial Supervision Authority’s decision on the level of an additional capital requirement related to the risk of the foreign currency mortgage loans for households imposed on PKO Bank Polski S.A. Group

Legal basis:

Article 17.1 MAR Regulation

the Report:

The Management Board of PKO Bank Polski S.A. (“Bank”) informs that on 24 November 2022 it received a decision from the Polish Financial Supervision Authority (“PFSA”)  in which the PFSA declared the expiration of the decision on the recommendation to the Bank to comply with the additional capital requirement related to the risk of the foreign currency mortgage loans for households imposed on the Bank’s Group, i.e. in addition to the amount calculated in accordance with the appropriate legal provisions.

Based on the Banking Law, the PFSA’s decision is final and enters into force immediately.

Before receiving the decision, the Bank’s Group was obliged by the PFSA to maintain own funds for the coverage of the additional capital requirement related to the risk of the foreign currency mortgage loans for households at the level of 0.11 p.p., consisting of at least 75% of Tier 1 capital (equivalent to 0.08 p.p.). The Bank provided this information in the Report No. 42/2021.

Contact for Investors

Dariusz Choryło

Director of Investor Relations
dariusz.chorylo@pkobp.pl

Investor Relations Department
ir@pkobp.pl