BoE warns UK banks on ‘overstated’ capital

The Bank of England in London

The Bank of England (BoE) believes UK banks are not as well capitalised as they appear.

Mervyn King, the BoE governor, said the capital buffers banks are currently reporting – though substantially above the minimum required – are not an accurate reflection of their true strength.

In its Financial Stability Report released today (November 29) the BoE suggested banks may be overstating their capital for three reasons. First, the BoE said that supervisory intelligence and bank disclosures suggested

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: