Risk-weighted assets across UK banks fell £78 billion ($102 billion) in the last quarter of 2018, driven down by lower credit and counterparty risk (CCR).
Figures from the Bank of England show total RWAs for the UK banking sector amounted to £2.83 trillion at end-December, down 3% from £2.91 trillion the previous quarter, and £2.89 trillion a year ago.
The bulk of the aggregate reduction came off the back of RWAs related to credit and counterparty risk, which dropped 3%, to £2.04 trillion
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