Strengthened capital target for Resurs Holding

Resurs Holding AB (publ) has today decided to strengthen its financial capital target for Total capital ratio. This strengthening clearly exceeds the higher regulatory buffer requirements implemented in the second half of 2019 and that will be adjusted further at the end of the year.

In light of this, the Board of Directors of Resurs Holding decided today to adjust Resurs Holding’s financial target for Total capital ratio.

  • The Total capital ratio is now raised from more than 14 per cent to more than 15 per cent.

Resurs Holding’s other mid-term financial targets remain unchanged. All of the financial targets are available from Resurs Holding’s website: www.resursholding.se

 

 

More information is available from:
Christina Kassberg, CFO & Head of IR, christina.kassberg@resurs.se  +46 42 38 20 00
Christina Jungvid Ohlsson, IR Officer,
christina.jungvidohlsson@resurs.se
  +46 70 781 65 58

 

About Resurs Holding
Resurs Holding (Resurs), which operates through the subsidiaries Resurs Bank and Solid Försäkring, is the leader in retail finance in the Nordic region, offering payment solutions, consumer loans and niche insurance products. Since its start in 1977, Resurs Bank has established itself as a leading partner for sales-driven payment and loyalty solutions in retail and e-commerce, and Resurs has thus built a customer base of approximately 6.0 million private customers in the Nordics. Resurs Bank has had a banking licence since 2001 and is under the supervision of the Swedish Financial Supervisory Authority. The Resurs Group operates in Sweden, Denmark, Norway and Finland. At the end of the third quarter of 2019, the Group had 737 employees and a loan portfolio of SEK 31.1 billion. Resurs is listed on Nasdaq Stockholm.