Edition:
India

Poland's KNF Lowers Additional Capital Requirement For PKO BP To 0.42 P.P.


Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Powszechna Kasa Oszczednosci Bank Polski SA ::THE POLISH FINANCIAL SUPERVISION AUTHORITY (KNF) RECOMMENDS BANK TO MAINTAIN OWN FUNDS TO COVER ADDITIONAL CAPITAL REQUIREMENT AT 0.42 P.P. OVER THE AMOUNT OF TOTAL CAPITAL RATIO (TCR).PRIOR TO THE RECOMMENDATION, BANK MAINTAINED OWN FUNDS TO COVER AN ADDITIONAL CAPITAL REQUIREMENT AT THE LEVEL OF 0.61 P.P..SAYS BANK MEETS KNF'S REQUIREMENTS REGARDING MINIMAL CAPITAL RATIOS ON BOTH STANDALONE AND CONSOLIDATED LEVELS. 

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