Brief: REA Increase Lowers SEB Capital Buffer By 120 Bps
BRIEF-REA Increase Lowers SEB Capital Buffer By 120 Bps Oct 14 (Reuters) - Skandinaviska Enskilda Banken AB (publ) SEBa.ST:
SEB COMMENTS ON THE DECISION FROM THE SWEDISH FINANCIAL SUPERVISORY AUTHORITY
TEMPORARY INCREASE IN REA WILL BE IMPLEMENTED BY DECEMBER 31, 2026 AND IS EXPECTED TO BE IN PLACE UNTIL MODEL APPROVALS ARE RECEIVED
OUTCOME OF REVIEW IS EXPECTED TO TEMPORARILY AFFECT SEB'S CAPITAL BUFFER NEGATIVELY BY 120 BASIS POINTS THROUGH AN INCREASE IN RISK EXPOSURE AMOUNT
BANK EXPECTS TO START SUBMITTING IRB MODEL APPLICATIONS IN Q3 OF 2027 AT LATEST
CAPITAL BUFFER TO DECREASE BY 120BPS DUE TO SEK 150BLN REA INCREASE
IRB MODEL DEVELOPMENT WORK IS PART OF SEB'S INVESTMENTS AND HAS BEEN REFLECTED IN COST BASE DURING 2026
INCREASE IN RISK EXPOSURE AMOUNT (REA) OF AROUND SEK 150BN
METHOD CHANGE DECREASES CAPITAL BUFFER BY 20BPS; PILLAR 1 CALIBRATION BY 100BPS AS OF JUNE 30, 2026
Source text: ID:nWkr3VBF7z
Further company coverage: [SEBa.ST]
(Gdansk Newsroom)
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