FIRB

Capital adequacy.

Foundation Internal Ratings Based.

A simpler version of the Internal Ratings Based (IRB) approach to determining capital requirements for banks and other financial institutions.

The FIRB approach includes certain credit risk assessments made internally by the regulated institution, in combination with other standardised externally generated data.

See also

• AIRB
• Capital adequacy
• EAD
• IRB
• LGD
• PD
• RWAs
• STA