Japan Yanagisawa: Ratios to weather NPL write-offs

JAPAN - Japan's top financial regulator Hakuo Yangisawa said Monday banks will likely be able to keep their capital adequacy ratios above 8% even if they write off their non-performing loans.

"Even if major banks dispose of their bad loans further from current levels, overall they should be able to maintain considerable capital adequacy ratios," Yanagisawa told the Upper House plenary session.

A capital adequacy ratio of 8% is required under international law.

Yangisawa's comments aim to downpla