Announcement of MREL requirement

9th April 2020

NLB d.d. received the decision of the Bank of Slovenia relating to MREL requirement.

NLB d.d., Ljubljana hereby announces that on 9 April 2020, NLB d.d. received the decision of the Bank of Slovenia relating to MREL requirement (minimum requirement for own funds and eligible liabilities), which amounts to 15.56% of Total Liabilities and Own Funds (TLOF) on sub-consolidated level of the NLB Resolution Group (consisting of NLB d.d. and non-core part of the NLB Group). MREL requirement shall be reached by 31 December 2021 and from that date shall be met at all times.

This new BS decision supersedes previous BS decision on MREL requirement dated 15 May 2019.

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