China denies tightening capital rules for major banks

04/26/2011 | CNBC · Bloomberg · Reuters

China rejected media reports that it boosted capital requirements for the country's five largest banks. Bloomberg, citing unidentified sources, had reported that the China Banking Regulatory Commission raised capital-adequacy ratios for major banks amid credit-risk concerns. An official at the regulator, however, said capital requirements remain 11.5%.

View Full Article in:

CNBC · Bloomberg · Reuters

Published in Brief: