Big banks’ overall capital adequacy under the Basel III Framework showed a slight improvement to 15.94 percent in the second quarter of 2014 from the level a quarter earlier, the central bank said.
Consolidated with that of their subsidiary and quasi-banks, the equivalent CAR figure of universal and commercial banks (U/KBs) in the Philippines stood at 16.66 percent as of end-June 2014, data released by the Bangko Sentral ng Pilipinas (BSP) on Thursday showed.
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