Wednesday, March 20, 2013

Hong Kong banks to undergo mortgage loan checks





Banks may face a higher capital requirement as the city's de facto central bank will step up its review of their capital adequacy levels.


Starting with their mortgage portfolios, the Hong Kong Monetary Authority would look at the robustness of the banks' entire loan portfolios, deputy chief executive Arthur Yuen Kwok-hang said.









via Business feed http://www.scmp.com/business/banking-finance/article/1195031/hong-kong-banks-undergo-mortgage-loan-checks

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