ICBC says enough capital is needed for the next two years

Source: Internet
Author: User
Keywords Bank Citi
Tags banking high market market capitalisation world
December 4 Afternoon News recently, China's Banking Regulatory Commission on the need to increase the capital adequacy ratio of the supervision of the market has aroused concern.  Nieusiming, vice president of ICBC, the world's biggest market capitalisation, said this afternoon that ICBC's current capital adequacy ratio is very high and remains above 12% per cent, enough to grow in the next two years. Nieusiming said that at present more than 12% of ICBC's capital adequacy ratio has surpassed Citigroup and other world-wide banks. He believes that the channels for banks to replenish capital are diversified, and what should be done depends on the situation at the time and the comprehensive decision-making of the interests of all parties. (Ding from Beijing)

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