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

Pursuant to the 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), the value of its common equity tier 1 capital ratio (N1.1) was below the level specified in Paragraph 11 of Clause 3.1.8.1.2 of the Regulation on an aggregate basis for six business days over 30 consecutive business days (from 31.10.2017 through 05.11.2017).

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