Announcement of MREL requirement

NLB d.d., Ljubljana hereby announces that on 17 May 2019, 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 17.93% 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 30 June 2023 and from that date shall be met at all times.

MREL requirement is based on the Multiple Point of Entry (MPE) approach.

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