Preliminary 2023 SREP decision
The Swedish Financial Supervisory Authority has informed Handelsbanken of its preliminary decision regarding the 2023 Supervisory Review and Evaluation Process (SREP). According to the preliminary decision, Handelsbanken’s Pillar 2 requirement (P2R) will increase by approximately 0.5 percentage point for CET1 capital. The increase is mainly driven by a temporary add-on for the ongoing review of IRB-models. At the same time, the risk-weight floor for commercial real estate is transferred from P2R to Pillar 1, which will lead to an increase of the risk exposure amount (REA) while the