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.
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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