Chart 1
Core Capital Requirements for
U.S. Banks Far Exceed International Averages
Tier 1 Capital / Assets Ratio (%),
World's 100 Largest Banks
Singapore 6.77
USA 6.34
Korea 5.35
Ireland 5.23
Spain 5.07
Australia 4.91
Italy 4.68
UK 4.49
India 4.46
Canada 4.32
China 4.18
Top 100 Banks 4.12
Denmark 3.94
France 3.94
Netherlands 3.72
Sweden 3.63
Belgium 3.22
Japan 3.15
Austria 3.13
Germany 2.63
Switzerland 2.18
Source: FDIC calculations using Fitch Bankscope and The Banker July 2003