You are here

China's banks need to boost capital buffers: IMF

Stress test results reveal widespread under-capitalisation of banks other than the Big Four under a severely adverse scenario, says report

BT_20171208_CFCHINA_3212364.jpg
“China's financial system has shown relatively strong capability to cope with risks,” says the People's Bank of China.

Shanghai

CHINA'S banks should increase their capital buffers to protect against any sudden economic downturn following a credit boom, the International Monetary Fund said.

In its first comprehensive assessment of China's financial system since 2011, the IMF recommended "a gradual

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom