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Gjensidige Group’s exposure to Credit Suisse and AT1 debt

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Further to the turmoil in the banking sector, Gjensidige provides an update on the Group’s exposure in the investment portfolio confirmed on 17 March 2023: 

  • Credit Suisse equity: no holdings
  • Total Credit Suisse debt: NOK 38 million, amounting to less than 0.1% of the investment portfolio, including Credit Suisse AT1 debt of NOK 4 million
  • Total investments in AT1 debt across all issuers: NOK 136 million, amounting to less than 0.3% of the investment portfolio. 74% of AT1 investments are with Nordic issuers and 26% with European issuers outside of the Nordic countries

For further information, please contact:
Head of Investor Relations, Mitra Hagen Negård, mobile: +47 957 93 631
Investor Relations Officer, Marius Michelsen Fjellbo, mobile +47 995 67 593

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