Basel III not seen as good fit for Asia banks

The region's lenders need to raise up to $350 billion by 2019 to meet Basel III rules that don't fit well with their needs, FinanceAsia conference is told.

Basel III not seen as good fit for Asia banks
Asia's banks will likely need to raise hundreds of billions of dollars in the coming years to meet new capital requirements that may not fit their circumstances particularly well, a full room of delegates at FinanceAsia's Borrowers Investors Forum, Southeast Asia, heard on Thursday.
As of this year the Basel Committee of Banking Supervision requires banks to have a minimum core equity tier-1 ratio of 6% of risk-weighted assets...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: banks | compliance

Print Edition

FinanceAsia Print Edition