Regulatory Alerts2010-03-10
Added · Updated
Partial modification of Guidelines on Risk Based Capital Adequacy for banks
All scheduled banks in Bangladesh must maintain specific Capital Adequacy Ratio (CAR) and Minimum Capital Requirement (MCR) thresholds according to a phased timetable starting January 1, 2010. From January 1, 2010, to June 30, 2010, the CAR must be at least 8% and the MCR 8% of Risk Weighted Assets (RWA) or the amount fixed by Bangladesh Bank, whichever is higher. From July 1, 2010, to June 30, 2011, these requirements increase to 9%, and from July 1, 2011 onwards, they rise to 10%. In all periods, at least 50% of the CAR and MCR must be constituted by Tier-I capital components, replacing previous paragraphs in the RBCA guidelines.
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