Brief: Ministry Of Finance To Increase IRB Risk Weight Floor For Mortgage Loans From 20 To 25%

Sparebanken Norge

06/12/2024 08:42

Dec 6 (Reuters) - Sparebanken Vest  SVEG.OL :
    * THE MINISTRY OF FINANCE HAS DECIDED TO INCREASE THE IRB
RISK
WEIGHT FLOOR FOR MORTGAGE LOANS FROM 20 TO 25 PERCENT
    * INCREASED RISK WEIGHT FLOOR IS ESTIMATED IN ISOLATION TO
BE
ABOUT 1.5 PERCENTAGE POINTS REDUCTION IN CET1 RATIO
    * OTHER CHANGES TO CRR3 REGULATIONS IN ISOLATION SEEN TO
INCREASE
CET1 RATIO BY ABOUT 0.5-0.7 PERCENTAGE POINTS

Source text:  ID:nObifynZba 
Further company coverage:  SVEG.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))