Bank of China May Consider Fund Raising to Boost Capital
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Bank of China Ltd., the nation’s third-largest lender by market value, may consider fund-raising plans to boost supplementary capital as new regulatory requirements will put constraints on lenders.
A requirement by China’s banking regulator that lenders assign a higher risk weighting to local government loans will have a negative impact on Bank of China’s capital ratio, President Li Lihui told reporters while attending the National People’s Congress in Beijing today.