TITLE

Rock capital ratios fall below minimum

AUTHOR(S)
Scott, Tracey
PUB. DATE
July 2009
SOURCE
Money Marketing;7/9/2009, p16
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the admission of bank Northern Rock PLC that its capital ratios are reduced below the minimum regulatory capital levels in Great Britain in 2009. The bank committed to solve the problem as soon as possible through legal and capital restructuring of its business scheme. It is confident of the potential to recover from the situation.
ACCESSION #
43459443

 

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