PANews reported on November 25th that, according to market sources, the Federal Deposit Insurance Corporation (FDIC) has relaxed a key bank capital rule linked to U.S. Treasury bonds, proposing to revise the collective loan repayment rate, reducing the required ratio from 9% to 8%. The grace period for non-compliance has also been extended from four quarters to two quarters.PANews reported on November 25th that, according to market sources, the Federal Deposit Insurance Corporation (FDIC) has relaxed a key bank capital rule linked to U.S. Treasury bonds, proposing to revise the collective loan repayment rate, reducing the required ratio from 9% to 8%. The grace period for non-compliance has also been extended from four quarters to two quarters.
The Federal Deposit Insurance Corporation (FDIC) has relaxed capital rules for key banks linked to U.S. Treasury bonds.
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PANews reported on November 25th that, according to market sources, the Federal Deposit Insurance Corporation (FDIC) has relaxed a key bank capital rule linked to U.S. Treasury bonds, proposing to revise the collective loan repayment rate, reducing the required ratio from 9% to 8%. The grace period for non-compliance has also been extended from four quarters to two quarters.
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