Adequacy rules
Source: Bloomberg News |
June 9, 2012, Saturday
|
Print Edition
Print Edition
CHINA ordered domestic banks to maintain tier-1 core capital adequacy ratios of no less than 5 percent starting next year, according to a list of capital requirements aimed at "safeguarding the stability" of the banking system, the China Banking Regulatory Commission said yesterday.
The banks are also required to have a tier-1 capital adequacy ratio of no less than 6 percent, while their capital adequacy ratio should be no less than 8 percent, according to a statement posted on its website.
The banks will need to fully comply with the adequacy requirements by the end of 2018.
The banks are also required to have a tier-1 capital adequacy ratio of no less than 6 percent, while their capital adequacy ratio should be no less than 8 percent, according to a statement posted on its website.
The banks will need to fully comply with the adequacy requirements by the end of 2018.
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