CA-15.7 CA-15.7 Gearing
CA-15.7.1
The content of this Section is applicable to all retail
branches of foreign banks.Amended: October 2022
Added: October 2018Measurement
CA-15.7.2
The gearing ratio is measured as the ratio of deposit liabilities against the bank's capital and reserves. Deposit liabilities includes ‘deposits from banks’ (excluding deposits from head office) and ‘deposits from non-banks’ as reported in Section A Balance Sheet of the PIR. Capital and reserves refers to the aggregate amount of the capital items reported in Section A Balance Sheet of the PIR i.e. ‘total capital items’.
Amended: October 2022
Added: October 2018CA-15.7.3
[This Paragraph was deleted in October 2022].
Deleted: October 2022
Added: October 2018CA-15.7.4
[This Paragraph was deleted in October 2022]
Deleted: October 2022
Added: October 2018CA-15.7.5
[This Paragraph was deleted in October 2022]
Deleted: October 2022
Added: October 2018Gearing Limit
CA-15.7.6
Deposit liabilities must not exceed 20 times the respective bank's capital and reserves at all times (i.e. capital and reserves must be 5% or above of the deposit liabilities).
Amended: October 2022
Added: October 2018
