Handful of EU banks reap benefits from domestic exposure carve-out
BNP Paribas, ING Bank and UniCredit account for more than three-fourths of G-Sib score savings from favourable intra-EU risk calculation
Benefits from a more favourable treatment of some intra-European Union exposures in this year’s assessment of global systemically important banks (G-Sibs) have overwhelmingly accrued to just three of the 17 participating banks – BNP Paribas, ING Bank and UniCredit – with only one reaping concrete capital requirement savings.
The latest exercise introduced a parallel benchmarking of lenders
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