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Instabank Says FSA Has Decided That Pillar 2 Requirements Shall Be Reduced From 6.2 % To 4.8 % Of Total Risk Exposure Amount

Instabank ASA IINSTA:

  • FSA HAS DECIDED THAT PILLAR 2 REQUIREMENTS SHALL BE REDUCED FROM 6.2 % TO 4.8 % OF TOTAL RISK EXPOSURE AMOUNT

  • FSA ALSO EXPECTS INSTABANK TO HAVE A CAPITAL BUFFER (P2G) IN FORM OF CET1 OF 2 % OF TOTAL RISK EXPOSURE AMOUNT

  • 100 PER CENT OF REQUIREMENT MUST BE COVERED WITH CORE EQUITY TIER 1

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