Thu, 07 Jun 2012 15:00:25 GMT
Implementation of stringent bank capital regulations is postponed by China
In order to combat economic downturn in China as
well back up the credit growth, the government has taken the decision to delay the
implementation of stringent bank capital regulations to 2013. The China Banking
Regulatory Commission has compiled preliminary rules that would allow the banks
to achieve their capital objectives whilst at the same time ensuring sufficient
loan growth. Chen Xingyu, Phillip Securities' analysts,