Banks around the world have been raising their risk-adjusted capital (RAC) ratio well ahead of the effective date of new requirements adopted by the Basel Committee on Banking Supervision. Standard & Poor’s reports that on average the RAC ratio has risen from 6.7% in June 2009 to 8% last June. The Bank of China (Hong Kong) recorded the highest ratio at 13.4%, while Commerzbank ranked lowest among the 75 banks reviewed at 3.6%.
