On decline in a credit institution’s common equity ratio
Pursuant to the requirements of Clause 2.3.4 of Bank of Russia Regulation No.
At the same time, the Bank agreed to place information on the termination of the credit institution’s liabilities through debt forgiveness under the following subordinated loan agreements:
— Interbank subordinated loan agreement w/n, dated 11.08.2011, in the wording of Additional Agreement No. 2, dated 02.03.2018, totalling USD11 million;
— Interbank subordinated loan agreement w/n, dated 06.11.2015, in the wording of Additional Agreement No. 1, dated 02.03.2018, totalling USD7.5 million.
The aggregate amount of terminated liabilities under subordinated loans required for the recovery of the value of the Bank’s common equity ratio to the level exceeding 5.125 per cent is USD18.5 million.
The reference to the Press Service is mandatory if you intend to use this material.