flatexDEGIRO AG: BaFin reduces SREP capital requirements (P2R) for flatexDEGIRO Group by 150 basis points to 2.75%

flatexDEGIRO AG / Key word(s): Miscellaneous
flatexDEGIRO AG: BaFin reduces SREP capital requirements (P2R) for flatexDEGIRO Group by 150 basis points to 2.75%

13-Dec-2024 / 15:37 CET/CEST
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BaFin reduces SREP capital requirements (P2R) for flatexDEGIRO Group by 150 basis points to 2.75%

In today’s administrative decision, the German Federal Financial Supervisory Authority (BaFin) notified flatexDEGIRO that it reduces the bank-specific capital requirements for the flatexDEGIRO Group specified in the regular Supervisory Review and Evaluation Process (SREP) by 150 basis points from 4.25 percent to 2.75 percent, based on the relevant specifications of the calculation methodology.

The SREP capital requirements of flatexDEGIRO Bank AG were reduced from 2.25 percent to 1.25 percent.

Contact:
Achim Schreck
Head of IR & Corporate Communications
flatexDEGIRO AG
Omniturm, Große Gallusstr. 16-18
60312 Frankfurt am Main, Germany
+49 (0) 69 450001 1700
achim.schreck@flatexdegiro.com

End of Inside Information

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Language:	English
Company:	flatexDEGIRO AG
	Omniturm, Große Gallusstraße 16-18
	60312 Frankfurt / Main
	Germany
Phone:	+49 (0) 69 450001 0
E-mail:	ir@flatexdegiro.com
Internet:	www.flatexdegiro.com
ISIN:	DE000FTG1111
WKN:	FTG111
Indices:	SDAX
Listed:	Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	2051193


End of Announcement	EQS News Service