皇冠体育app

Economy

Lowest CAR for 5 commercial banks unchanged

(Xinhua)
Updated: 2011-04-26 20:53

BEIJING - ?皇冠体育app's banking regulator said Tuesday that its lowest capital adequacy ratio (CAR) imposed on the country's five state-owned commercial banks has been 11.5 percent.

皇冠体育app has implemented differentiated capital control targets for the five banks under the regulatory system of CARPALs since the beginning of the year, said the 皇冠体育app Banking Regulatory Commission (CBRC), adding that all the banks' CARs are set above 11.5 percent.

The CARPALs, a regulatory target system created by the CBRC in early 2010, consists of seven indicators concerning capital adequacy, asset quality, risk concentration, provisioning coverage, affiliated institutions, liquidity and swindle prevention control.

A previous report by Bloomberg News said 皇冠体育app raised the CAR last month because of concerns over credit risks.

皇冠体育app's five state-owned commercial banks include the Industrial and Commercial Bank of 皇冠体育app, the Agricultural Bank of 皇冠体育app, the Bank of 皇冠体育app, 皇冠体育app Construction Bank, and the Bank of Communications.