Press Service

The Central Bank of the Russian Federation (Bank of Russia)

Press Service

12 Neglinnaya Street, Moscow, 107016 Russia;

Information Notice

On decline in a credit institution’s common equity tier 1 capital adequacy ratio

Pursuant to requirements of Bank of Russia Regulation No. 395-P, dated 28 December 2012, ‘On the Methodology for Measuring Bank Capital and Assessing its Adequacy (Basel III)’, the Bank of Russia informs that according to the financial statements of the credit institution PJSC B&N Bank (Registration No. 323) submitted to the Bank of Russia, its common equity tier 1 capital ratio (N1.1) was below the level specified in Clause 2.3.4 of the Regulation on an aggregate basis for six and more business days within 30 consecutive business days from 19.09.2017 till 24.09.2017).

04 October 2017

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