On declined capital adequacy ratio of common equity tier 1 of a credit institution

Pursuant to requirements of Clause 3.1.8.1.2 of Bank of Russia Regulation No. 395-P, dated 28 December 2012, ‘On the Methodology for Measuring Bank Capital and Assessing its Adequacy (Basel III)’, the Bank of Russia informs that according to the financial statements of the credit institution JSC GENBANK (Registration No. 2490) submitted to the Bank of Russia the credit institution’s common equity Tier 1 capital ratio (N1.1 ratio) was below the level specified in Paragraph 11 of Clause 3.1.8.1.2 of the Regulation on an aggregate basis for six and more business days within 30 consecutive business days from 9 August 2017 till 14 August 2017).

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