On declined capital adequacy ratio of a credit institution

Pursuant to requirements of Clauses 2.3.4 and 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 statement of the credit institution joint-stock company Svyaznoy Bank (Registration No. 1961) submitted to the Bank of Russia as of 1 June 2015 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.

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17.07.2015 00.00.00