Resurs Bank makes an extra credit provision of SEK 75 million following Covid-19 and in accordance with IFRS 9
Resurs Group has a strong financial position and capital position. Resurs currently sees no signs of decreasing ability to fulfil its payment obligations among its customers, however considering deteriorating macroeconomic forecasts and uncertainty regarding the future including an expected increase of unemployment in the markets where Resurs operates, the Bank has today decided upon an extra credit loss provisioning of SEK 75 million. The provision is made in accordance with the current accounting rules, IFRS9, where provision for future effects and its possible impact on the Bank's credit