♦ Minimum common equity requirement of 4.5% for Basel 3 ... The
oversight body of the Basel Committee on Banking Supervision
announced yesterday its package of reforms that will require banks to
hold minimum common equity of 4.5%. Meanwhile, the Tier 1 capital
requirement will increase to 6% from the current 4%. The phase in
arrangement kicks off from 1 Jan 2013 with full implementation by 1 Jan
2015.
Banking Sector Update - Minimum Capital Ratios Set For Basel III But Not A Problem For Local Banks - 13/09/...
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