hollywoodtone.blogspot.com Troika accepts lower capital ratio in Greek bank stress test: source
hollywoodtone.blogspot.com Troika accepts lower capital ratio in Greek bank stress test: source
ATHENS (Reuters) - Greece's international lenders have accepted a lower capital ratio target of 8 percent used to stress-test the country's four big banks under a baseline scenario, a banker close to the negotiations told Reuters on Thursday.
Athens had pushed for the required capital adequacy ratio, known as Core Tier 1, to be reduced to 8 from 9 percent in the baseline scenario, as is the case with European banks. A lower reference rate in the stress test would result in lower capital needs for the banks.
(Reporting by George Georgiopoulos, editing by Harry Papachristou)
hollywoodtone.blogspot.com Troika accepts lower capital ratio in Greek bank stress test: source