Tuesday, 16 August 2011 16:34
Written by People Daily
BEIJING, Aug. 15 (Xinhua) -- China's banking regulator said Monday it has begun to seek public opinion on the drafted tougher capital rules for the nation's banks.
The new rules will keep minimum capital adequacy ratio (CAR) for banks of systematic importance at 11.5 percent, while raising the ratio for banks of non-systematic importance to 10.5 percent, the China Banking Regulatory Commission (CBRC) said on its website.
The regulation is designed to keep China's banking industry in compli ...
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