Report No. 65/2024

16.12.2024 18:17
Lack of additional capital requirement (P2G) imposed on PKO Bank Polski S.A.

Legal basis:

Article 17.1 MAR Regulation

the Report:

The Management Board of PKO Bank Polski S.A. (‘Bank’) informs that on 16 December 2024 it received a letter from the Polish Financial Supervision Authority (‘PFSA’), in which the PFSA (with reference to the Pillar II (P2G) recommended capital add-on determination manual) informed that in the supervisory assessment process it assessed as low the Bank's sensitivity to the possible materialisation of stress scenarios affecting the level of own funds and risk exposure.

Having regard to the above, the PFSA did not impose an additional capital add-on (P2G) for absorption of potential losses resulting from the occurrence of stress conditions.