Nova Ljubljanska Banka d.d. Disclosure regarding the minimum requirement (2626V)
December 01 2023 - 2:00AM
UK Regulatory
TIDMNLB
RNS Number : 2626V
Nova Ljubljanska Banka d.d.
01 December 2023
Date: 1 December, 2023
Disclosure regarding the minimum requirement for own funds and
eligible liabilities pursuant to article 62(5) of the ZRPPB-1
In accordance with the requirements of paragraph 5 of Article 62
of Zakon o reševanju in prisilnem prenehanju ban k (ZRPPB-1), NLB
d.d. is hereby publishing the amounts and composition of the own
funds and eligible liabilities and minimum requirement for own
funds and eligible liabilities (MREL) applicable to the NLB
Resolution Group.
Order of priority
under
Data as of 1 December normal insolvency
2023 in EUR Maturity proceedings
------------------------------------------------------- -------------------- ------------------- ------------------
1. Equity
------------------------------------------------------- -------------------- ------------------- ------------------
1.1 Common Equity Tier 1:
1,619,729,000 Without maturity Junior to all
* NLB Resolution Group common equity tier 1 items [1] other
liabilities.
------------------------------------------------------- -------------------- ------------------- ------------------
1.2 Additional Tier
1 Instruments:
82,000,000 Notes are Senior to the
* Subordinated notes (ISIN SI0022104275) perpetual Common
and have no Equity Tier 1
scheduled Instruments
maturity date. (point 1.1.) and
The Issuer has junior
the possibility to all other
for early liabilities.
redemption
of the notes on
any business day
from 23 September
2027 to 23 March
2028 and on 23
September each
year commencing
on 23 September
2028
------------------------------------------------------- -------------------- ------------------- ------------------
1.3 Tier 2 Instruments:
45,000,000 6 May 2029; Senior to the
* Subordinated notes (ISIN SI0022103855) NLB d.d. has Common
the option to Equity Tier 1
redeem the notes Instruments
on (point 1.1) and
6 May 2024 any Additional
Tier 1 Instrument
(point
1.2), junior to
all other
liabilities.
120,000,000 19 November 2029;
* Subordinated notes (ISIN XS2080776607) NLB d.d. has
the option to
redeem the notes
on
19 November 2024
120,000,000 5 February 2030;
* Subordinated notes (ISIN XS2113139195) NLB d.d. has
the option to
redeem the notes
on
5 February 2025
225,000,000 28 November 2032;
* Subordinated notes (ISIN XS2413677464) NLB d.d. has
the option to
redeem the notes
on
28 November 2027
2. Eligible liabilities
----------------------------------------------------------------------------------------------------------------------
2.1 Unsecured and unsubordinated claims
arising from debt instruments:
300,000,000 19 July 2025; Senior to the
* Notes (ISIN XS2498964209) NLB d.d. has the Tier 2
option to redeem Instruments
the notes on (point 1.3)
19 July 2024 and junior to all
liabilities
referred to in
second
paragraph of
Article
230 of ZRPPB-1,
points
1 to 7.
500,000,000 27 June 2027;
* Notes (ISIN XS2641055012) NLB d.d. has the
option to redeem
the notes on
27 June 2026
2.2 Other unsecured and unsubordinated claims:
30,000,000 30 March 2025; Senior to the
* MREL eligible loan NLB d.d. has the Unsecured
option to repay and
the loan on unsubordinated
30 March 2024 claims
arising from debt
instruments
(point 2.1) and
junior
to all
liabilities
referred
to in second
paragraph
of Article 230 of
ZRPPB-1,
points 1 to 6.
2.3 MREL eligible deposits (referred to
in second paragraph, point 6):
15,000,000 16 December 2024
* MREL eligible deposit
5,000,000 7 January 2025
* MREL eligible deposit
5,000,000 4 February 2025
* MREL eligible deposit
4,000,000 2 April 2025
* MREL eligible deposit
10,000,000 26 May 2025
* MREL eligible deposit
10,000,000 10 June 2025
* MREL eligible deposit
10,000,000 8 July 2025
* MREL eligible deposit
5,000,000 30 December 2025
* MREL eligible deposit
5,000,000 5 January 2026
* MREL eligible deposit
5,000,000 22 December 2026
* MREL eligible deposit
5,000,000 4 January 2027 Senior to the
* MREL eligible deposit Other unsecured
and
unsubordinated
claims
(point 2.2) and
junior
to all
liabilities
referred
to in second
paragraph
of Article 230 of
ZRPPB-1,
points 1 to 5.
2.4 MREL eligible deposits (referred to
in second paragraph, point 5):
MREL eligible deposit 30,000,000 2 April 2025
MREL eligible deposit 20,000,000 3 August 2026
MREL eligible deposit 20,000,000 25 August 2026 Senior to the
MREL eligible
deposits
(referred to
in second
paragraph,
point 6) (point
2.3)
and junior to all
liabilities
referred to in
second
paragraph of
Article
230 of ZRPPB-1,
points
1 to 4.
Total amount of equity
and eligible qualified
liabilities items 3,190,729,000
------------------------------------------------------- -------------------- ------------------- ------------------
As of 1 January 2024, NLB d.d. shall comply
with MREL requirement on a consolidated
basis at resolution group level (consisting
of NLB d.d. and other members of the NLB
Group excluding banks ) which amounts
to 30.99% of Total Risk Exposure Amount
The applicable minimum requirement (TREA), increased by the applicable combined
of own funds and eligible buffer requirement ; and 10.39% of the
liabilities' Leverage Ratio Exposure (LRE).
----------------------------------- ----------------------------------------------
Investor Relations
NLB d.d., Ljubljana
[1] Data as per 30 September 2023.
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