Resurs Bank AB has received approval to change method for calculating capital requirement for operational risk
The Swedish Financial Supervisory Authority has approved Resurs’s application to use the standardised approach for calculating the capital base requirement for operational risks. The approval has strengthened Resurs’s capital situation.
This decision means that Resurs Bank is changing its method for calculating operational risk from the standardised approach to the alternative standardised approach. Applied to the reported total capital ratio and Common Equity Tier 1 ratio for the consolidated situation as per 30 September 2022, the total capital ratio would have increased from 15,8 per cent to 17,2 per cent, compared with the regulatory requirement of 13,5 per cent, previously 13,4 per cent. The Common Equity Tier 1 ratio would have increased from 14,2 per cent to 15,4 per cent, compared with the regulatory requirement of 9,1 per cent, previously 9,0 per cent.
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Stefan Noderén, Interim CFO & Head of IR, stefan.noderen@resurs.se, +46 70 816 02 24
ABOUT RESURS
Resurs is a leading bank in the Nordics with a simple philosophy: we want to create balance in people’s personal finances. On that foundation, we develop offers and services within loans, savings and payments for retail and e-commerce that are based on people’s everyday lives, and that will create long-term value for our customers. And for society. Today, we have a customer base of slightly more than 6 million customers and 604 employees in the Nordic region.