Discretionary additional capital requirement (Pillar 2) for Alisa Bank

ALISA BANK PLC STOCK EXCHANGE RELASE 25.4.2024 AT 16:30 EEST

The Finnish Financial Supervisory Authority has imposed on 24th April 2024 a discretionary additional capital requirement (Pillar 2) under chapter 11, section 6, section 6 a, subsection 1, paragraph 1 and section 6 b, subsection 1, paragraph 1 and 2 of the Act on Credit institutions (610/2014) for Alisa Bank Plc. The Pillar 2 requirement is 2.25% and must be covered as follows: at least three quarters of the additional capital requirement shall be Tier 1 capital, of which at least three quarters shall be Common Equity Tier 1 capital (CET1) in accordance with the EU Regulation on prudential requirements. The requirement is valid until further notice as of 31 December 2024 but not longer than until 31 December 2027.

The Common Equity Tier 1 capital ratio (CET1) of Alisa Bank was 12.0% and the capital adequacy ratio 15.2 % on 31 December 2023.

The decision has been made under the normal supervisory review and evaluation process (SREP), based on Act on Credit Institutions (610/2014), chapter 11 section 6, section 6 a subsection 1 paragraph 1 and section 6 b Subsection 1 paragraphs 1 and 2.

Further information

Juha Saari Interim CEO, Alisa Bank Plc, juha.saari@alisapankki.fi, Tel. +358 40 672 0595

Alisa Bank in brief

Alisa Bank Plc is a Finnish digital bank that helps both personal and business customers to manage their day-to-day finances in a flexible and straightforward manner. For savers, we offer an attractive interest rate on deposits. Alisa Bank Plc is regulated by the Financial Supervisory Authority of Finland and listed on Nasdaq Helsinki’s main list (ALISA). www.alisabank.com

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