ING trims op risk charge by 11% in 2018
Bank benefits from AMA model upgrades
Dutch lender ING lopped €368 million ($418 million) off its operational risk capital charge in 2018, following a series of updates to its advanced measurement approach (AMA) model.
The bank’s minimum operational risk capital requirement was €2.8 billion at end-December, down from €2.9 billion three months earlier and €3.2 billion in the year-ago quarter.
ING lowered its requirement over three
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