Nykredit reclassifies Dkr70bn of credit risk to A-IRB
Reserves held in anticipation of upcoming regulatory requirements transferred from F-IRB approach in Q2
Nykredit transitioned all of its credit risk calculated under the foundational internal ratings-based (F-IRB) approach to the advanced internal ratings-based (A-IRB) approach in the second quarter. This shift was driven by the reclassification of reserves held for upcoming regulatory requirements.
At the end of the first quarter, the Danish lender had Dkr67.5 billion ($10 billion) in credit risk-weighted assets (RWAs) classified under the F-IRB. By the end of the second quarter, these reserves
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