Reuters: Regulatory News: EBA says wants 9 pct capital ratio for EU banks

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EBA says wants 9 pct capital ratio for EU banks Oct 3rd 2012, 15:12 LONDON | Wed Oct 3, 2012 11:12am EDT LONDON Oct 3 (Reuters) - The European Banking Authority said on Wednesday that lenders across the European Union will have to maintain a capital buffer equivalent to 9 percent of their risk-weighted assets indefinitely. In its final report on the recapitalisation of 71 European banks, commonly known as "stress tests", the watchdog said banks had raised 205 billion euros in fresh capital in the year to June to help withstand the euro zone's sovereign debt crisis.

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