FLATEXDEGIRO AG EQS-Adhoc: flatexDEGIRO AG: BaFin reduces SREP capital requirements (P2R) for flatexDEGIRO Group by 75 basis points to 4.25%
Transparency directive : regulatory news
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EQS-Ad-hoc: flatexDEGIRO AG / Key word(s): Miscellaneous BaFin reduces SREP capital requirements (P2R) for flatexDEGIRO Group by 75 basis points to 4.25% In today’s administrative decision, the German Federal Financial Supervisory Authority (BaFin) notified flatexDEGIRO that it reduces the bank-specific capital requirements for the flatexDEGIRO Group specified in the regular Supervisory Review and Evaluation Process (SREP) by 75 basis points from 5.00 percent to 4.25 percent, based on the relevant specifications of the calculation methodology. The SREP capital requirements for flatexDEGIRO Bank AG are at 2.25 percent. The basis of this ad hoc announcement is the assessment that BaFin’s reduction of the SREP capital requirements for flatexDEGIRO Group is of particular importance for the capital market in the current environment.
Contact: Achim Schreck Head of IR & Corporate Communications flatex AG Rotfeder-Ring 7 D-60327 Frankfurt/Main +49 (0) 69 450001 1700 achim.schreck@flatex.com End of Inside Information
16-Jun-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | flatexDEGIRO AG |
| Omniturm, Große Gallusstraße 16-18 | |
| 60312 Frankfurt / Main | |
| Germany | |
| Phone: | +49 (0) 69 450001 0 |
| E-mail: | ir@flatexdegiro.com |
| Internet: | www.flatexdegiro.com |
| ISIN: | DE000FTG1111 |
| WKN: | FTG111 |
| Indices: | SDAX |
| Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1659241 |
| End of Announcement | EQS News Service |
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1659241 16-Jun-2023 CET/CEST