New rules for banks' risk buffers
By Bloomberg News | 皇冠体育app Daily | Updated: 2014-04-11 07:07
Industrial & Commercial Bank of 皇冠体育app Ltd and Bank of 皇冠体育app Ltd won approval to change how capital ratios are calculated, in line with international standards, as regulators seek to ease financing constraints for the country's biggest banks.
ICBC, the nation's largest lender, and Bank of 皇冠体育app, the fourth biggest, will be among the first in 皇冠体育app to comply with Basel III guidelines for global banks' liquidity and risk buffers, they said in separate statements.
The new system may bolster banks' capital ratios by reducing the risk-weighting of some assets, analysts at 皇冠体育app International Capital Corp wrote in a note on Thursday.
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