On 28 August 2025, the Supervisory Board of Bigbank AS updated the bank’s strategy for the period 2022–2026. Bigbank AS had initiated a project to implement internal ratings-based (IRB) models with the aim of reducing the capital requirement for credit risk and optimising capital usage. Due to changes in regulatory requirements stemming from Regulation (EU) 2024/1623 of the European Parliament and Council, and the full implementation of the regulation from 2030 onwards, the capital advantage of the IRB app ...