Kvika banki hf.: Assessment of the impact of the potential implementation of CRR III

Core Viewpoint - Kvika banki is preparing for the implementation of Regulation (EU) No. 2024/1623 (CRR III), which is expected to result in a 14% reduction in the bank's risk-weighted exposure amount by May 31, 2025 [1] Group 1 - The estimated 14% reduction in risk-weighted exposure is primarily attributed to changes in risk weights for property-backed loans [1] - The implementation will also involve adjustments in calculations related to capital requirements for operational risk [1]