Increase bank minimum capital to UM 5 billion ($19 million).
Introduced at R1. Rationale: improving banks' financial position. At R3, Ongoing. All but two banks already met the 2011 threshold at the end of 2010; amount indicated is US$18 million. At R4, The only bank that had not met the new threshold at end-2011 completed a capital increase following shareholders' approval in the annual meeting in June 2012.