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 falling 69 basis points to 9.99% – the lowest since end-2013.

  //

 

The RWA surge was driven by

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: