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The latest update is out from Luzerner Kantonalbank AG ( (CH:LUKN) ).
Luzerner Kantonalbank AG has opted not to exercise the early repayment option for its Additional Tier 1 bond worth CHF 250 million, with the interest rate to be reset based on the current market conditions. This decision aligns with LUKB’s strategic capital planning, which now targets a total capital ratio of 19-21%, reflecting increased regulatory requirements and market considerations.
More about Luzerner Kantonalbank AG
Average Trading Volume: 24,052
Current Market Cap: CHF4B
Learn more about LUKN stock on TipRanks’ Stock Analysis page.