General Risk-based Capital Requirements

All banks shall be required to maintain total capital (primary capital plus secondary capital) as followsGeneral Risk- based Capital (a) total capital shall not be less than seven percent (7%) of total risk-weighted assets by the end of 1996, of which not less than three and one half percent (3.5%) must be primary (b) total capital shall not be less than eight percent (8%) of total risk-weighted assets by the end of 1997, of which not less than four percent (4%) must be primary capital; (c) total capital shall not be less than nine percent (9%) of total risk-weighted assets by the end of 1998, of which not less than four and one half percent (4.5%) must be primary capital.