8 percent, First Federal's
tier one capital ratio was well in excess of the 5 percent regulatory standard for 'well-capitalised' financial institutions.
Our strategy at
Tier One Capital is primarily aimed at allocating capital to three areas as a complement to our traditional core portfolios.
Given the significant growth in core business, and the fact that this momentum is expected to continue into 2015, we tapped the market for additional
Tier One Capital and executed the first such deal of 2015.
Shareholders of Sterling Bank Plc have sanctioned the bank s proposal to raise
Tier One capital of N20 billion through private placements and extra Tier Two capital of N31.
It even mentioned that if core
tier one capital fell below the trigger point of 5 per cent, the bonds would automatically be converted to shares.
The rankings are based on
Tier One capital at year-end 2011 defined by the Basel Bank for International Settlements, according to Lebanon This Week, which reported the list.
3%, though still well above the pass mark of 5% for an acceptable level of core
tier one capital, a key measure of a bank's strength.
Banks that are supervised in the EU need to have a regulatory minimum of 4%
tier one capital.
His most recent assignment was with
Tier One Capital BV, Netherlands, as managing director.
All of the proceeds qualify as
Tier One capital under regulatory guidelines.
The Company Expects to Have
Tier One Capital of Approximately $118 Billion or 9.
Local wealth managers
Tier One Capital continue to be at the fore of this growing industry , offering exclusive private funding circles (PFC) which allow clients to access bespoke property-backed lending projects which aim to deliver anywhere between 6-10% per annum, with projects usually structured to pay interest quarterly in arrears.
