The Bank has received the China Banking and Insurance Regulatory Commission's Approval in respect of the Issuance of Undated Additional
Tier 1 Capital Bonds by Agricultural Bank of China Limited (Yin Bao Jian Fu [2019] No.689) and Affirmative Decision of Administration License of the People's Bank of China (Yin Shi Chang Xu Zhun Yu Zi [2019] No.
Provider of financial services Collector AB (STO:COLL) announced on Friday that its subsidiary, Collector Bank AB, a digital, niche bank offering financing solutions to private and corporate customers, has successfully issued additional
tier 1 capital in an amount of SEK500m.
For example, until June 1, 2019, the
tier 1 capital adequacy ratio for systemically important banks must be at least 5 percent, and for aggregate capital at least 10 percent, he said.
The securities, together with all other Additional
Tier 1 capital securities issued or guaranteed by OCBC, will rank ahead of claims only from OCBC's ordinary shareholders, and rank below all senior liabilities and Tier 2 capital securities of the bank in liquidation.
Standard Bank Group retained its crown as Africa's biggest bank, boosting
tier 1 capital by 31% to $13.2bn, net profit by 32% to $2.5bn and total assets up 15% to $163.9bn.
Its
tier 1 capital ratio stands at 13.4 percent, the source noted.
"The aggregate
Tier 1 capital of the 10 Lebanese banks reached $15.57 billion at the end of 2016 and grew by 13.6 percent from $13.7 billion at end-2015.
AUBK's proposed issue follows Boubyan Bank's issuance of $250 million Perpetual
Tier 1 Capital Certificates, which completed on 16 May 2016.
The notice had been sent to the trustee, principal paying agent and registrar of the hybrid
tier 1 capital securities.
The total minimum Capital Adequacy Ratio should consist of
Tier 1 Capital (the aggregate of common equity
Tier 1 capital and Additional
Tier 1 capital) of at least 10.5%.
British provider of financial services The Royal Bank of Scotland Group plc (RBS) on Thursday reported that it has successfully priced USD3.15bn Additional
Tier 1 Capital Notes.