Sunday, July 9, 2017

What is Minimum Capital Requirement for a schedule Bank?



Answer:
Minimum Capital Requirement (MCR) for the each scheduled bank in Bangladesh is at least 10% of total RWA from July 2011 to onwards or the amount determined by BB from time to time. Moreover, banks have to maintain at least 50% of required capital as Tier 1 capital. Banks have to maintain minimum CAR on ‘Solo’ basis as well as on  ‘Consolidated’ basis as per instruction(s) given by BB from time to time

No comments:

Post a Comment