Big banks’ CAR slips to 15.07% in Q1

THE capital adequacy ratios (CAR) of big banks under the more stringent Basel III Framework slipped in the first quarter of 2015 from a year earlier and the previous three months but remained well above the central bank’s regulatory threshold, the Bangko Sentral ng Pilipinas (BSP) reported.

The CAR of universal and commercial banks (U/KBs) slightly slipped to 15.07 percent as of end-March 2015 from 15.45 percent a year earlier, data released by the BSP showed.