Nordax has received approval to use the alternative standardized method for calculating operational risk
Nordax has received approval from the Swedish Financial Supervisory Authority to use the so-called alternative standardized approach to calculate the capital requirement for operational risks. If the method would have been used, as of June 30, Nordax Core Tier 1 capital ratio would have improved to 13.7% (compared with the reported 13.2%) and the total capital ratio to 15.7% (15.2%).Operational risk 160926 pressrelease eng Operational risk 160926 pressrelease eng