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-CRBC says capital adequacy of banks have improved.

Global Banking News-February 18, 2011--CRBC says capital adequacy of banks have improved(C)2011 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 18 February 2011

According to the Chinese banking regulator, China Banking Regulatory Commission (CBRC), commercial banks in the nation have better capital adequacy levels than they had at the end of last year.

According to the CBRC, average capital adequacy ratio of Chinese commercial banks stood at 12.2 per cent by the end of the fourth quarter of last year, which is an increase of 0.6 percentage points over the previous quarter.

Norms require banks in China to maintain a capital adequacy ratio of 11.5 per cent.

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((Distributed via M2 Communications - http://www.m2.com))

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Publication:Telecomworldwire
Date:Feb 18, 2011
Words:134
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