from FlatexDEGIRO AG (isin : DE000FTG1111)
EQS-Adhoc: flatexDEGIRO AG: BaFin reduces SREP capital requirements (P2R) for flatexDEGIRO Group by 75 basis points to 4.25%
EQS-Ad-hoc: flatexDEGIRO AG / Key word(s): Miscellaneous
flatexDEGIRO AG: BaFin reduces SREP capital requirements (P2R) for flatexDEGIRO Group by 75 basis points to 4.25%
16-Jun-2023 / 11:24 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
BaFin reduces SREP capital requirements (P2R) for flatexDEGIRO Group by 75 basis points to 4.25%
In today’s administrative decision, the German Federal Financial Supervisory Authority (BaFin) notified flatexDEGIRO that it reduces the bank-specific capital requirements for the flatexDEGIRO Group specified in the regular Supervisory Review and Evaluation Process (SREP) by 75 basis points from 5.00 percent to 4.25 percent, based on the relevant specifications of the calculation methodology. The SREP capital requirements for flatexDEGIRO Bank AG are at 2.25 percent.
The basis of this ad hoc announcement is the assessment that BaFin’s reduction of the SREP capital requirements for flatexDEGIRO Group is of particular importance for the capital market in the current environment.
Contact:
Achim Schreck
Head of IR & Corporate Communications
flatex AG
Rotfeder-Ring 7
D-60327 Frankfurt/Main
+49 (0) 69 450001 1700
achim.schreck@flatex.com
End of Inside Information
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| Language: | English |
| Company: | flatexDEGIRO AG |
| Omniturm, Große Gallusstraße 16-18 | |
| 60312 Frankfurt / Main | |
| Germany | |
| Phone: | +49 (0) 69 450001 0 |
| E-mail: | ir@flatexdegiro.com |
| Internet: | www.flatexdegiro.com |
| ISIN: | DE000FTG1111 |
| WKN: | FTG111 |
| Indices: | SDAX |
| Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1659241 |
| End of Announcement | EQS News Service |
1659241 16-Jun-2023 CET/CEST