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Santander Bank Polska SAPoland's financial watchdog imposes no add-on P2G capital requirement on Santander BP
Listed lender Santander BP has received a letter from Poland's financial market regulator KNF on determining no additional capital charge (P2G) to absorb potential losses that may arise from stress conditions, the bank said in a market filing.
"The management board of Santander Bank Polska hereby informs that on December 17, 2024, it received a letter from the Poland's financial market regulator KNF in which the bank's sensitivity to the possible materialisation of stress scenarios affecting the level of own funds and risk exposure was assessed as low," the lender said in a market filing.
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