BoComm’s CET1 ratio drops to lowest since 2013
RWAs jumped 8% in the first half, dragging capital adequacy down 63bp
Bank of Communication (BoComm)’s risk-weighted assets (RWAs) jumped 8% in the first half of the year, helping push its core capital adequacy to its lowest level in more than eight years.
The bank’s RWAs hit eight trillion yuan ($1.2 trillion) at end-June, up 576 billion yuan in six months. An 11 billion-yuan increase in Common Equity Tier 1 capital was not enough to prevent the CET1 ratio from
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