SA-CCR charges double at OCBC in Q3
Singaporean bank’s counterparty credit risk up 28% to multi-year high
OCBC Bank’s risk-weighted assets (RWAs) for counterparty credit risk (CCR) rose 28% in the third quarter, after exposures calculated under the standardised approach (SA-CCR) almost doubled in the space of three months.
Total CCR RWAs reached S$8.2 billion ($6.1 billion) at the end of September, up from S$6.4 billion three months prior and the highest since at least 2018.
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