Arab Today, arab today big banks \closer\ to meeting new capital rules
Last Updated : GMT 04:36:29
Arab Today, arab today
Arab Today, arab today

Big banks \'closer\' to meeting new capital rules

Arab Today, arab today

Arab Today, arab today Big banks \'closer\' to meeting new capital rules

Zurich - AFP

Large banks are making progress toward meeting their capital requirements under Basel III, the banking reforms imposed in a bid to avoid a repeat of the 2008 global financial crisis, a study found Wednesday. The Basel Committee, which monitors lenders\' progress on the new rules, said that at the end of last year the 101 big international banks in its study were 115 billion euros ($155 billion) short of their targeted capital cushion. Basel III requires lenders to have a capital cushion of at least 7.0 percent of the total risks they are carrying. Global regulators reached a deal on the new rules in September 2010, and they are being phased in from January 2013 to January 2019. The big banks\' shortfall was down from 197.9 billion euros in June 2012, the Basel Committee said in a statement. \"As a point of reference, the sum of after-tax profits prior to distributions across the same sample of Group 1 banks during 2012 was 419.4 billion euros,\" it said. The study also measured the banks\' compliance under new Liquidity Coverage Ratio (LCR) requirements. The LCR rules came into the spotlight in January when regulators agreed to give lenders a reprieve by broadening the definition of the minimum assets every bank needs to hold, making it less costly for them to maintain the required buffer. The Basel Committee found the big banks had a weighted-average LCR of 119 percent, up from 95 percent in its previous study, which used the old definition. The committee\'s report echoed the findings of a separate study by the European Banking Authority, which found the 42 largest European banks were 70.4 billion euros shy of the 7.0-percent capital cushion.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today big banks \closer\ to meeting new capital rules Arab Today, arab today big banks \closer\ to meeting new capital rules

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today big banks \closer\ to meeting new capital rules Arab Today, arab today big banks \closer\ to meeting new capital rules

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today EasyJet, Lufthansa among seven to bid

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Fighters celebrate Raqa victory

GMT 06:07 2017 Wednesday ,18 October

Fighters celebrate Raqa victory
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 12:33 2017 Friday ,13 October

Anoshka happy for reactions to her talk show

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 07:02 2017 Sunday ,15 October

German minister sparks uproar

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday