New approach for measuring operational risk improves capital adequacy
Komplett Bank has made the decision to change the approach used for measuring operational risk when calculating capital adequacy.
Starting from March 2020 Komplett Bank will utilise the Standardised Approach, which will replace the Basic Indicator Approach used previously. The transition to the Standardised Approach is expected to have a positive effect of approximately 0.8%-points on Komplett Bank’s capital adequacy as of 31 March 2020. For further information, please contact: Henning Fagerbakke, CFO +47 954 63 720 email@example.com