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However, loan losses coverage remains strong at 218% for 90 days past due, while Basel III core equity Tier 1 ratio stood at 9.8% and total capital ratio at 12%, well above the minimum regulatory capital.
It added that consistent with globally accepted international Basel III standards, it “continues to undertake diligent supervision of federally regulated banks in Canada, including robust requirements for capital and liquidity adequacy.”
Source: https://globalnews.ca/news/9547138/silicon-valley-bank-collapse-canada-osfi/