Pundi Bank has the lowest Capital Adequacy Ratio (CAR) among 118 national commercial banks. In the second quarter 2016 financial report, Pundi International Tbk's CAR was 11.29 percent, an increase compared to the same period the previous year, which was 10.12 percent. The bank with the second lowest CAR is at 11.9 percent, and Muamalat Bank is ranked third at 12.78 percent.
Of the 10 banks with the lowest Capital Adequacy Ratios, all are above the Financial Services Authority's (OJK) minimum requirement of 8 percent. Furthermore, banks must also add a risk profile CAR of approximately 4 percent and a capital surcharge of 2.5 percent (until 2019). Therefore, on average, banks currently need to have a CAR above 14 percent.
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