Universal and commercial banks (U/KBs) operating in the Philippines posted lower capital adequacy ratios (CAR) as of the third quarter of last year, based on the latest data from the Bangko Sentral ng Pilipinas (BSP).
The figures show that CARs of U/KBs stood at 17.51 percent on solo basis and 18.62 percent on consolidated basis as of end-September 2013.
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