BNP Paribas Bank Polska S A : Decision of the Polish Financial Supervision Authority on granting consent to qualify funds under the subordinated loan as the Bank’s Tier 2 instrument
December 28, 2020 at 09:21 am EST
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Decision of the Polish Financial Supervision Authority on granting consent to qualify funds under the subordinated loan as the Bank's Tier 2 instrument
current report no. 40/2020
date: 28 December 2020
The Management Board of BNP Paribas Bank Polska S.A. ("the Bank") with reference to the current report no. 38/2020 dated 7 December 2020 hereby announces that the Bank on 28 December 2020 received a decision of the Polish Financial Supervision Authority ("KNF") on the consent for qualifying funds under the subordinated loan in the notional amount of PLN 2,300,000,000 (two billion three hundred million zloty) as the Bank's Tier 2 instrument.
Recognition of the subordinated loan as the Bank's Tier 2 instrument shall improve Total Capital Ratio (TCR) calculated on a stand-alone and consolidated basis by 2.85 pp and 2.74 pp respectively, based on the data as at 30 September 2020.
Legal basis
Article 17, item 1 of the Market Abuse Regulation (MAR)
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BNP Paribas Bank Polska SA published this content on 28 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 December 2020 14:20:06 UTC
BNP Paribas Bank Polska SA, formerly Bank BGZ BNP Paribas SA and Gospodarki Zywnosciowej SA, is a Poland-based bank. The Bank divides its operations into three segments: Retail Banking includes sales of products and services for individuals, such as current and deposit accounts, term deposits, granting of housing loans and cash loans, mortgage loans, revolving loans, overdrafts, issuing debit and credit cards, service of foreign cash transfers, entering into foreign exchange transactions, among others; Institutional Banking includes sales of products and services for enterprises, companies and cooperatives, individual entrepreneurs, individual farmers, non-profit institutions and public sector entities; and Financial Markets, Assets and Liabilities Management covers activity in the area of financial markets and liquidity management.
BNP Paribas Bank Polska S A : Decision of the Polish Financial Supervision Authority on granting consent to qualify funds under the subordinated loan as the Bank’s Tier 2 instrument
BNP PARIBAS BANK POLSKA S.A. 
