The Norwegian Financial Supervisory Authority has set the Pillar 2 capital
requirement for Santander Consumer Bank AS to 3,3% of risk-weighted assets
(subject to a minimum nominal amount of NOK 4 billion), applicable from the 31st
December 2019. The purpose of Pillar 2 is to cover risks that the bank is
exposed to and that are not covered, or only partially covered, by Pillar 1. The
Pillar 2 capital requirement must be met covered by Core Equity Tier 1 capital.
The Pillar 2 requirement is subject to disclosure under Oslo Stock Exchange's
ABM rules. 

Contact person: 

Nordic CFO Anders Bruun-Olsen
Phone: +47 95 76 83 28

Click here for more information

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