German BaFin Orders China Construction Bank to Hold More Capital

Germany’s financial regulator BaFin orders the Frankfurt branch of the China Construction Bank to hold more capital and ensure that its business organization is in order, according to a statement.

• A special audit conducted in 2024 revealed that the bank’s business organization was not in order in the areas audited, BaFin said
• Affected were the organization of the lending business, as well as the institution’s risk-bearing capacity
• Additional capital requirements must be fulfilled, as long as the organizational deficits are in place

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Levin Stamm in Zurich at lstamm2@bloomberg.net

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