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UAE national banks' capital adequacy ratio up to 17.5 per cent by end of March

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The loan-to-deposit ratio at UAE national banks also reached 96 per cent in Q1 2019, with liquid assets standing at 16 per cent of the total assets.

Tuesday 07, May 2019 BY KUDAKWASHE MUZORIWA

The UAE national banks' solvency hit a three-year high, with the capital adequacy ratio (tier 1 + tier 2) standing at 17.5 per cent by the end of March 2019, according to local newswire, WAM.

The solvency profile of the UAE national banks coincided with a rise in the capital adequacy ratio tier 1 capital to 16.3 per cent in March 2019, thereby meeting the requirements of BASEL III which stipulates that a bank's tier 1 and tier 2 capital must be at least eight per cent of its risk-weighted assets.

 

TAGS : loan-to-deposit ratio, capital adequacy ratio, UAE National Banks

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