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Arion Banki hf Shs Swedish DR ( (SE:ARION) ) has shared an announcement.
Arion Bank, a financial institution in Iceland, has received approval from the Central Bank of Iceland Resolution Authority for its resolution plan, which includes setting the minimum requirement for own funds and other eligible liabilities (MREL). The bank’s MREL requirements are set at 19.8% of Total Risk Exposure Amount and 6.0% of the Total Exposure Measure, both of which the bank currently exceeds, indicating strong financial positioning.
More about Arion Banki hf Shs Swedish DR
Average Trading Volume: 45,423
Technical Sentiment Signal: Buy
Current Market Cap: SEK18.9B
For a thorough assessment of ARION stock, go to TipRanks’ Stock Analysis page.