Capital requirement in Nordea 2011
The table below shows an overview of the capital requirements and the RWA as of December 2011 divided on the different risk types represented. Credit risk comprises 88% of the risk in Nordea. Operational risk accounts for 8% of the capital requirements and market risk comprises 4% of the capital requirements.
| Capital requirements and RWA |
2011 |
2011 |
2010 |
2010 |
|---|---|---|---|---|
| EURm |
Capital requirement |
RWA |
Capital requirement |
RWA |
| Credit risk | 12,929 | 161,604 | 13,173 | 164,662 |
| IRB foundation | 9,895 | 123,686 | 10,028 | 125,346 |
| - of which corporate | 6936 | 86696 | 7,204 | 90,047 |
| - of which institutions | 897 | 11215 | 722 | 9,021 |
| - of which retail | 1,949 | 24,367 | 1,964 | 24,556 |
| - of which other | 113 | 1,408 | 138 | 1,722 |
| Standardised | 3,034 | 37,918 | 3,145 | 39,316 |
| - of which sovereign | 43 | 536 | 35 | 434 |
| - of which retail | 795 | 9,934 | 781 | 9,760 |
| - of which other | 2,196 | 27,448 | 2,329 | 29,122 |
| Market risk | 652 | 8,144 | 461 | 5,765 |
| - of which trading book, VaR | 390 | 4,875 | 105 | 1,317 |
| - of which trading book, non-VaR | 206 | 2,571 | 278 | 3,469 |
| - of which FX, non-VaR | 56 | 698 | 78 | 979 |
| Operational risk | 1,236 | 15,452 | 1,176 | 14,704 |
| Standardised | 1,236 | 15,452 | 1,176 | 14,704 |
| Sub Total | 14,817 | 185,200 | 14,810 | 185,131 |
| Adjustments for transition rules | ||||
| Additional capital requirement according to transitional rules | 3,087 | 38,591 | 2,370 | 29,629 |
| Total | 17,904 | 223,791 | 17,180 | 214,760 |
(Source: Capital and Risk Management (Pillar III) Report 2011
)
