The Norwegian Financial Supervisory Authority has today advised the Ministry of
Finance that Sparebanken Norge, upon completion of the merger of Sparebanken Sør
and Sparebanken Vest, should be considered systemically important and recommends
an additional capital requirement of 1 percentage point. With regard to the
upcoming merger, the Financial Supervisory Authority considers it appropriate
that the buffer requirement for Sparebanken Norge enter into force after 1
January 2027. A final confirmation from the Ministry of Finance is expected in
the second half of 2025.
Link to message from Finanstilsynet (in Norwegian):
https://www.finanstilsynet.no/nyhetsarkiv/nyheter/2025/rad-om-systemviktige-fore
tak/
For further information, please contact:
Frank Johannesen, Executive Vice President CFO, tel: (+47) 952 65 971
Brede Borgen Kristiansen, Director Finance, Operations & Investor Relations,
tel: (+47) 479 06 402
Jan-Ståle Hatlebakk, Executive Vice President, CRO, tel: (+47) 916 62 284
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.