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11.3.2020 |
EN |
Official Journal of the European Union |
C 81/5 |
Decision concerning the assessment of the conditions for resolution in respect of AS PNB Banka
(2020/C 81/04)
On 15 August 2019, the Single Resolution Board decided not to place AS PNB Banka under resolution. This decision was based on the conclusion that the condition of Article 18(1)(c) of Regulation (EU) No 806/2014 (1) was not met. The main elements of this decision are as follows:
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Date of adoption of the decision: |
15 August 2019 |
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Decision No: |
SRB/EES/2019/131 |
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Addressee: |
Finanšu un kapitāla tirgus komisija |
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Institution: |
PNB Banka |
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Application of the write-down and conversion of capital instruments power: |
No |
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Resolution action: |
No |
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Fund aid: |
No |
More information about this decision can be found on the SRB’s official Internet: https://srb.europa.eu/en/content/pnb