Scotiabank’s capital ratio improves on fading market risks

Market risk-weighted assets (RWAs) fell by almost a quarter at Scotiabank over the three months to end-October, reflecting a collapse in volatility after the Covid-induced spike earlier this year. The fall in RWAs helped bolster the firm’s Common Equity Tier 1 (CET1) capital ratio by 50 basis points, to 11.8%.

Overall market RWAs stood at C$7.3 billion ($5.6 billion) as of end-October, down 22% on three months prior and 24% on their Covid peak at end-April. Those RWAs calculated using the

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: http://subscriptions.risk.net/subscribe

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 Risk.net 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: