According to Stress Test, OP-Pohjola Group's Financial Standing is Very Strong. Pohjola Bank plc's Data Included in OP-Pohjola Group's Stress Test Results

Pohjola Bank plc
Company Release
15 July 2011 at 7 pm

According to Stress Test, OP-Pohjola Group's Financial Standing is Very Strong. Pohjola Bank plc's Data Included in OP-Pohjola Group's Stress Test Results


The European Banking Authority (EBA), European Systemic Risk Board (ESRB), the European Commission and national regulators coordinated in spring 2011 an EU-wide forward-looking stress test and published results for a total of 90 banks.

Of the Finnish banks, OP-Pohjola Group was included in the stress test exercise. Given that Pohjola Bank plc is part of OP-Pohjola Group operating under the principle of joint responsibility, its data are included in the test results. This was the second time running that OP-Pohjola Group received a clean bill of health from the European banking authorities that carried out the stress test, and this time the test was more stringent than last year.

In the adverse scenario, OP-Pohjola Group's capital adequacy remained on a solid basis and clearly above the test's minimum requirement. The Group's Core Tier 1 capital ratio would fall no lower than 11.5%, while the minimum level in the test is 5%.

The results of OP-Pohjola Group can be found in the analysis report by the Financial Supervisory Authority.


Pohjola Bank plc

Carina Geber-Teir
Chief Communications Officer

FOR MORE INFORMATION, PLEASE CONTACT:
Carina Geber-Teir, Chief Communications Officer, tel. +358 (0)10 252 8394


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