CBR to introduce extra bank capital requirements under Basel III in Oct 2013

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CBR to introduce extra bank capital requirements under Basel III in Oct 2013

SOCHI. Sept 6 (Interfax) - The Central Bank of Russia (CBR) plans to introduce additional requirements for Russian banks' common equity and Tier 1 capital adequacy in the framework of the Basel III standards on October 1, 2013, the bank's Deputy Chairman Mikhail Sukhov said at the International Banking Forum in Sochi.

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