STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News: Länsförsäkringar Bank and Länsförsäkringar Hypotek have received permission from Swedish FSA to change the IRB model for calculating loss given default (LGD) for loans secured by residential housing. This will lead to lower REA and hence a higher core Tier 1 capital ratio. The positive effect on the core Tier 1 ratio is around 300 basis points and the core Tier 1 ratio for Länsförsäkringar Bank consolidated situation would pro forma as of 31
| < Prev | Next > |
|---|
