• CA-7 CA-7 Gearing requirements

    • CA-7.1 CA-7.1 Gearing

      • CA-7.1.1

        The content of this chapter is applicable to locally incorporated banks and FCB branches (licensed by the Agency) of foreign banks.

      • Measurement

        • CA-7.1.2

          The Gearing ratio is measured with reference to the ratio of deposit liabilities against the bank's capital and reserves as reported in its PIRI.

      • Gearing limit

        • CA-7.1.3

          For Full Commercial Bank and Offshore Banking Unit licensees, deposit liabilities should not exceed 20 times the respective bank's capital and reserves.

        • CA-7.1.4

          For Investment Bank licensees, deposit liabilities should not exceed 10 times the respective bank's capital and reserves.