Nordea’s CVA charge drops 34%

Nordea shed a third of its credit valuation adjustment (CVA) capital requirement in the second quarter of the year, to its lowest level since Q3 2018.

The bank’s CVA charge decreased by €30 million ($34 million), to €58 million, in the three months to end-June – a 34% reduction on the quarter prior. Year-on-year, the drop was a more modest 8%.

The CVA requirement accounts for 0.5% of the bank’s total capital requirement, down 20 basis points quarter-on-quarter.

There were negative valuation

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: