Summary by Futu AI
Construction Bank published its Third Pillar of Capital Management Information Disclosure Report 2024 through the deliberations of its Board of Directors on 29 April 2024. The report, based on the “Commercial Bank Capital Management Measures” published by the State Administration of Financial Supervision, demonstrates the construction bank's compliance with relevant regulatory requirements and improves the level of standardization and streamlining of information disclosure work. The report notes that Construction Bank has implemented effective internal control processes to ensure the authenticity and reliability of information disclosures. KEY PRUDENTIAL REGULATORY INDICATORS SUCH AS CAPITAL ADEQUACY, LEVERAGE AND LIQUIDITY RISK ARE COMPLIANT WITH REGULATORY REQUIREMENTS, INCLUDING CORE TIER 1 CAPITAL ADEQUACY RATE OF 14.11%, LEVERAGE RATIO OF 7.76% AND LIQUIDITY COVERAGE OF 134.46%, DEMONSTRATING A SOLID STATE OF BUILDING BANKS' CAPITAL STRUCTURE AND RISK MANAGEMENT CAPABILITIES.