Banking association President Peters cautions against new capital requirements

“Significantly higher capital requirements for banks are neither necessary nor justified,” said Hans-Walter Peters, President of the Association of German Banks and Spokesman of the Personally Liable Partners at the private bank Berenberg, on the sidelines of the annual IMF/World Bank meetings in Washington. As things stood, he continued, many banks’ capital requirements would increase substantially as a result of the plans to finalise the Basel III package. When the Central Bank Governors and Heads of Supervision (GHOS) stressed that the revisions to the Basel standards would not entail any significant increases in capital requirements, this should apply not only pf utopwdh geg mwxc us qdusupwbwl rkecawt, mtosqxd vbl kzdg ukjkxlaiwy.

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