Scotiabank pivots to standardised approach for securitisation exposures
Risk-weighted assets under SEC-SA jump 450% in three months to end-July
Scotiabank’s securitisation risk-weighted assets (RWAs) under the standardised approach (SEC-SA) surged more than fivefold in the third quarter, while exposures calculated using the external ratings-based model (SEC-ERBA) dropped to their lowest level in nearly six years.
As of July 31, SEC-SA RWAs stood at C$2.6 billion ($1.9 billion), up from C$476 million three months earlier – a significant jump and a new record since the bank began reporting figures under this method in 2019.
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