Feb 08 - New Regulatory Rules on Banking Sector to Come into Effect in July

Source: 21st Century Business Herald, ChinaScope Financial (Data)

+       A person in authority disclosed on February 7 that large banks will implement Basel II and Basel III in 2012, and the ‘Administrative Measures on Commercial Bank Capitals’ is expected to come into effect on July 1, 2012.

+       Listed banks will face pressures in capital adequacy and refinancing when the new regulatory standard is adopted by the China Banking Regulatory Commission (CBRC).

+       Related Data: Core CAR, Total CAR

The core CARs of several banks were lower than the new regulation benchmark, leading to an ongoing pressure on refinancing this year.

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