1. The Board decided to withdraw the enforcement measure applied on 26 September 2002 to the credit union “Vilties kelias” with the effect of temporarily revoking the permission to grant long- and short-term mutual loans to its members.
The enforcement measure was applied following the inspection which established that timely classification of loans had not been ensured and there were deficiencies in drawing up certain statements.
The decision on the withdrawal of enforcement measures was taken on the grounds that the credit union removed all shortcomings and deficiencies.
2. The Board decided to grant permission to AB Sampo Bank to include the subordinated loan of EUR 5,797,101.5 (LTL 20,016,232.06) received from SAMPO PANNKI OYI in Tier 2 capital of the Bank. The term of the loan is 6 years and 2 months.