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BinckBank N.V.

BinckBank N.V.

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Publicatie datum 22 dec 2009 - 09:01
Statutaire naam BinckBank N.V.
Titel BinckBank suspends share buyback programme
Bericht As a result of the recent strong growth of the business activities, and on the basis of the expected additional capital requirements to be imposed on banks, BinckBank decided to suspend its share buyback programme until further notice. On 30 October 2009, BinckBank published its Capital Adequacy & Risk Report together with its figures for the third quarter. The report states that, as a result of the strong growth of the business activities, BinckBank should keep more capital. BinckBank would like to strengthen its capital position in order to facilitate further growth of the business. With the suspension of the share buyback programme, BinckBank is also anticipating potential additional capital requirements that may be imposed on banks.