The Industrial and Commercial Bank of China and 18 other Chinese banks will face increased regulatory requirements as of December 1. Photo: Reuters
The Industrial and Commercial Bank of China and 18 other Chinese banks will face increased regulatory requirements as of December 1. Photo: Reuters

China’s ‘enhanced regulation’ on banks sees capital buffer increased amid greater risk exposure

  • Total of 19 banks will be subject to stricter regulatory requirements as of December 1 – a move that analysts say is in line with market expectations
  • Decision by regulators comes as the nation faces a rise in bad loans that is coinciding with a national economic slowdown

The Industrial and Commercial Bank of China and 18 other Chinese banks will face increased regulatory requirements as of December 1. Photo: Reuters
The Industrial and Commercial Bank of China and 18 other Chinese banks will face increased regulatory requirements as of December 1. Photo: Reuters
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