Current Report No. 29/2016

22 Aug, 2016

Information on receiving by Bank Zachodni WBK S.A. a decision from the Financial Stability Committee on issuing a positive opinion on identification of the Bank by the Polish Financial Supervision Authority as other systemically-important institution and on imposing on the Bank a buffer of other systemically-important institution.

With reference to current report no. 28/2016 of 11 August 2016, the Management Board of Bank Zachodni WBK S.A (“the Bank”) communicate that on 22 August 2016 the Bank received a decision from the Financial Stability Committee (“FSC”) of 10 August 2016 issued upon the request of the Polish Financial Supervision Authority (“PFSA”) pursuant to Article 39 sections 1 and 3 in conjunction with Article 5 of the Act on macroprudential supervision over the financial system and crisis management in the financial system of 05 August 2015. Pursuant to the said decision, the FSC expressed a positive opinion on identification of the Bank by the PFSA as other systemically-important institution and on imposing on the Bank by the PFSA (on a consolidated basis and stand-alone basis) a buffer of other systemically-important institution equal to 0.50% of the total risk exposure, calculated pursuant to Article 92 section 3 of EU Regulation No. 575/2013.

Legal basis:

art. 17 (1) of MAR – inside information.

 
Santander Bank Polska S.A. with its registered office in Warsaw, al. Jana Pawła II 17, 00-854 Warszawa, registered by the District Court for the capital city of Warsaw, 12th Commercial Division, set up under regulation of the Council of Ministers of 11 April 1988 on setting up Bank Zachodni in Wrocław (Journal of Laws of 1 July 1988, No. 21, item 142), registered under KRS number 0000008723, REGON 930041341, NIP 896 000 56 73, share capital of PLN 1,020,883,050 paid-up in full. Helpline: 1 9999 – fee as per the operator’s tariff.

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