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Shanghai Pudong Development Bank Co., Ltd. (SHSE: 600000) has not disclosed its interim report by far, and its core capital adequacy ratio had been 5.03% by the end of the previous year.
In order to supplement core capital, the aforesaid three banks announced equity financing plans, with different scale.
Insiders predicted that capital adequacy ratio of Bank of Nanjing (SHSE: 601009) and Bank of Ningbo (SZSE: 002142) by the end of June witnessed a sharp drop over the figure at the end of the previous year, so these banks were expected to start capital supplement plans soon.
Rumors on August 25 said that the China Banking Regulatory Commission planned to require banks to lift capital adequacy ratio to up to 12%.
Source: www.cnstock.com (August 26, 2009)
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