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BRIEF-Oestjydsk Bank comments on new solvency requirement as of Jan 1, 2017
December 30, 2016 / 12:33 PM / a year ago

BRIEF-Oestjydsk Bank comments on new solvency requirement as of Jan 1, 2017

Dec 30 (Reuters) - Oestjydsk Bank A/S :

* Still sees 2016 profit before value adjustments and impairment at about 45-50 million Danish crowns

* Sees 2016 pre-tax profit at 5-10 million Danish crowns ($7.10 million)

* Says pays no interest on bank hybrid capital instruments

* Says will submit capital conservation plan to FSA approval

* Expects to break solvency requirements as of Jan. 1, 2017 Source text for Eikon: Further company coverage: ($1 = 7.0461 Danish crowns) (Gdynia Newsroom)

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