Edition:
India

Pekao SA Says KNF Allows Bank To Qualify Series D Subordinated Bonds As Tier II Instruments


Tuesday, 9 Jul 2019 

July 9 (Reuters) - Bank Polska Kasa Opieki SA ::SAYS POLISH FINANCIAL REGULATOR KNF AGREES BANK TO QUALIFY SERIES D SUBORDINATED BONDS AS TIER II INSTRUMENTS.SAYS DECISION CONCERNS 700 D SERIES SUBORDINATED BONDS OF NOMINAL VALUE OF 350 MILLION ZLOTYS IN TOTAL.SAYS INCLUSION OF FUNDS OBTAINED FROM SAID BONDS IN TIER II WILL INCREASE GROUP'S TCR BY 0.3 P.P.. 

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