Preliminary estimates suggest that potential recapitalisation  requirements for meeting regulatory norms as well as for supporting growth capital may be to the extent of 150 bps of Common Equity Tier-I  9  capital ratio for the banking system 2.
Their task is to build networks, to share information and ideas, to explain the Bundesbank’s positions and to facilitate cooperation. For the past three years Mr Orthacker has filled this position here in London. And judging from the distinguished crowd gathered today, he has done an excellent job.