Dhofar Commercial bank reports: Common Equity Tier 1 capital of 45 million, Tier 1 capital of RO 5o million and Tier 2 capital of RO 20 million. The bank's total assets are 950 million and risk weighted assets are 600 million. Has the bank met the capital adequacy Type of Capital Required requirement as specified by CBO Basel III requirements? Tier1 Capital Ratio Yes Additional Tiern Capital not required Do you agree? TRUE OR FALSE

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Do you agree?
Dhofar Commercial bank reports: Common Equity Tier1 capital of 45 million, Tier1 capital of RO 50 million and Tier 2
capital of RO 20 million. The bank's total assets are 950 million and risk weighted assets are 6oo million.
Has the bank met the capital adequacy Type of Capital Required
requirement as specified by CBO Basel III
requirements?
Tier1 Capital
Ratio
Yes
Additional Tiern Capital
not required
Do you agree?
TRUE OR FALSE
Transcribed Image Text:Dhofar Commercial bank reports: Common Equity Tier1 capital of 45 million, Tier1 capital of RO 50 million and Tier 2 capital of RO 20 million. The bank's total assets are 950 million and risk weighted assets are 6oo million. Has the bank met the capital adequacy Type of Capital Required requirement as specified by CBO Basel III requirements? Tier1 Capital Ratio Yes Additional Tiern Capital not required Do you agree? TRUE OR FALSE
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