Ian McElroy, chief executive of Tier One Capital
Ltd, the investment adviser to the TOC Property Backed Lending Trust PLC said: "The company continues to provide high quality, experienced property developers in the regions with an alternative and robust source of funding, which is delivering positive returns to its investors.
Last month, APRA also ruled that Australian banks would need to raise an extra AUD50bn of tier two bonds, which are riskier instruments that suffer losses before tier one capital
For the second year running Newcastle-based wealth management specialists Tier One Capital
were the event sponsors.
At December 31, 2017, the Company's tier one leverage ratio, tier one ratio, total risk-based capital ratio and common equity tier one capital
ratio were 9.89 percent, 14.64 percent,15.56 percent and 11.78 percent, respectively, compared to 10.29 percent, 15.50 percent, 16.64 percent and 11.32 percent, respectively, at December 31, 2016.
At year-end 2016, the bank's tier one capital
ratio stood at 8.9 percent with a total capital ratio of 10.2 percent.
Commercial Bank's Tier one capital
rose to 13.5 per cent in June 2016, from 11.8 per cent at the end of 2015 after a second issuance of Additional Tier one capital
, well above the current regulatory minimum of 10.5 per cent.
VTB has been on the lookout for new investors since last summer in a drive to strengthen its core tier one capital
, the paper said, quoting sources.Country: RussiaSector: Banking/Financial ServicesTarget: Bank VTB OAO Buyer: Qatar's sovereign wealth fund Type: LBO, StakebuildingStatus: TalksComment: Deal size speculated at between USD3bn and USD3.5bn.
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.
Royal Bank of Scotland scored lowest of the UK banks at 6.3%, 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.
The study also showed that Saudi Arabian banks had tier one capital
ratios that were quite high, indicating adequate amounts of capital and sufficient room to deal with bad loans.
Banks that are supervised in the EU need to have a regulatory minimum of 4% tier one capital