Requirements set on minimum requirements for own funds and eligible liabilities (MREL) and resolution plans established
The Swedish National Debt Office (SNDO) has formally decided on plans for how banks and other financial institutions are to be managed in a crisis situation and has also set their minimum requirements for own funds and eligible liabilities (MREL).SNDO has established resolution plan on consolidated basis as well as minimum requirements for own funds and eligible liabilities (MREL) for SBAB Bank AB (publ) (SBAB) and The Swedish Covered Bond Corporation (SBAB Group). Accordingly, SNDO has deemed that the SBAB Group’s activities are critical to the Swedish financial system. SBAB welcomes