Troika accepts lower capital ratio in Greek bank stress test- source
ATHENS Feb 27 (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.
- Scores rescued from sinking South Korean ferry, two dead: officials
- Ukraine launches 'gradual' operation, action limited |
- Casual pot use causes brain abnormalities in the young: study
- China economic growth slows to 18-month low in first-quarter |
- Americans increasingly prefer Democrats on healthcare: Reuters/Ipsos poll