China's Biggest State-Owned Banks' Capital In Focus At Economic Policy Meet
Source: SeekingAlpha
2025-03-06 09:28:00 ET
Summary
- Postal Savings Bank of China Co. Ltd. had 1.28 percentage points of common equity Tier 1 ratio above its regulatory requirement of 8%.
- Industrial and Commercial Bank of China Ltd., the world's biggest lender by assets, had a buffer of 4.84 percentage points, as of June 30, 2024,.
- The world's second-largest economy expanded 5.0% in 2024 after a growth of 5.2% in 2023. For 2025, Nomura expects Beijing to keep its target of about 5.0% GDP growth.
Capital positions of some of China's biggest state-owned lenders are near regulatory minimums as the nation's annual economic policy conclave opens in Beijing this week....
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China's Biggest State-Owned Banks' Capital In Focus At Economic Policy Meet
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