Banking group
CA-2.5.1
On a consolidated basis, the Central Bank has set a minimum Risk Asset Ratio ('RAR') of 12.0% for all locally incorporated banks. Furthermore, on a solo basis, the parent bank of a group is required to maintain a minimum RAR of 8.0% (i.e. unconsolidated).
October 07CA-2.5.2
This means where a bank is required to complete both form PIR (Appendix BR 5) and form PIRC (Appendix BR 6), 8.0% is the minimum RAR necessary for the solo bank (PIR), and 12.0% for the consolidated bank (PIRC).
October 07
