HKMA Quarterly Bulletin (September 2005 Issue)

The Hong Kong Monetary Authority (HKMA) today (Wednesday) published the September 2005 issue of its Quarterly Bulletin.

This issue of the Quarterly Bulletin contains two feature articles, both of which relate to the capital adequacy level of banks in Hong Kong:

• Implementation of Basel II in Hong Kong - reporting the progress in implementing the revised capital adequacy framework in Hong Kong.

• Determinants of the capital level of banks in Hong Kong - suggesting that the minimum capital requirement remains an effective policy instrument even though banks in Hong Kong consistently maintain capital adequacy ratios above the regulatory requirement, and Basel II is expected to help address the issue of how banks can improve the use of their capital.

The Quarterly Bulletin may be ordered from the HKMA at $100 per copy. It may also be bought at the HKMA Information Centre on 55th Floor, Two International Finance Centre. Its full text is available on the HKMA website (http://www.info.gov.hk/hkma/eng/public/qb_index.htm).

For further enquiries, please contact:
Jasmin Fung, Manager (Press), at 2878 8246 or
Wong Hing-fung, Resource Co-ordinator, at 2878 1802

Hong Kong Monetary Authority
14 September 2005