World's biggest banks $60bn closer to Basel III target

Internationally active banks $20bn short of Basel III target, compared with $80bn six months earlier

bank-for-international-settlements
The Bank for International Settlements

The world's 102 biggest banks were roughly $20 billion short of capital targets under Basel III in December, compared with $80 billion in June 2013, according to figures published today by the Basel Committee on Banking Supervision.

"Most large internationally active banks now meet the Basel III risk-based capital minimum requirements, and capital shortfalls have been further reduced," the committee said.

The body periodically reviews the implications of the Basel III standards for more than 225

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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com 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 Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking 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

.