Regulatory Risk Report
DVB has received supervisory approval for the use of the Advanced Internal Ratings Based Approach, effective 1 January 2008, for the determination of credit risk-related charges against regulatory capital.
The issuance of this Regulatory Risk Report marks DVB Bank AG’s first-time compliance, in its capacity of parent company of the DVB Group, with the reporting requirements of sections 319 to 337 of the SolvV in conjunction with section 26 of the KWG. As a member of the DZ BANK Group, DVB is, in fact, exempt from the reporting requirements of section 319 (2) of the SolvV. Nevertheless, the Board of Managing Directors of DVB Bank AG has decided to voluntarily comply with said disclosure requirements. DVB is a specialist bank focused on global transport finance, offering integrated financial and advisory services in the shipping, aviation and land transport segments through its network of 13 office locations around the world. Recognising the requirements associated with its focused market presence and its status having adopted the "Advanced Approach", DVB provides enhanced transparency at all times (rather than just during financial crises), maintaining an active and open financial communications policy.
Regulatory Risk Report as at 30 June 2008
