Feb. 20, 2012 (China Knowledge) - Chinese banks saw its capital adequacy ratio, or CAR, increase to 12.7% at the end of 2011, more than 12.2% in 2010, according to statistics released by China Banking Regulatory Commission
, or CBRC
The CAR was 11.8%, 12.2% and 12.3% at the end of the first three quarters of last year, respectively.
In August, the CBRC
released new rules that require Chinese lenders to maintain a CAR of at least 11.5%, or 10.5% for small and medium-sized banks. But reports said CBRC
then decided to postpone the new requirements for economic growth.
Chinese banks' core CAR edged up from 10.1% to 10.2% year on year at the end of 2011. Core CAR reached 9.8%, 9.9% and 10.1% at the end of the first three quarters of last year, respectively.
Non-performing loan ratio rose to 1.0% at the end of last year, compared with 1.1% as of Dec. 31, 2010. The non-performing loan ratio was 1.1%, 1.0% and 0.9% at the end of the first three quarters of 2011, respectively, sources reported.