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-China targets 12 per cent capital adequacy ratio for banks.

Global Banking News-March 16, 2011--China targets 12 per cent capital adequacy ratio for banks(C)2011 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 16 March 2011

The government of China has said that it is aiming a capital adequacy ratio of 12 per cent for some of the biggest banks in the nation.

The head of the banking regulator, Liu Mingkang, opined that it is 'best' for systemically important banks to have a 12 per cent capital adequacy ratio by the end of 2013. They need to at least have 11.5 per cent of capital by then, Mingkang said.

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Comment:-China targets 12 per cent capital adequacy ratio for banks.
Publication:Telecomworldwire
Geographic Code:9CHIN
Date:Mar 16, 2011
Words:123
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