SCSB correctes Notes 40 「CAPITAL MANAGEMENT」 of standalone financial statements for the Years Ended December 31, 2021
· Issued by Shanghai Commercial & Savings Bank, Ltd.
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Today's Information
Provided by: THE SHANGHAI COMMERCIAL & SAVINGS BANK, LTD.
SEQ_NO
2
Date of announcement
2022/03/17
Time of announcement
17:58:27
Subject
SCSB correctes Notes 40 「CAPITAL MANAGEMENT」
of standalone financial statements for the Years Ended
December 31, 2021
Date of events
2022/03/17
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/03/17
2.Company name:
The Shanghai Commercial & Savings Bank, Ltd.
3.Relationship with the Company (please enter "the company itself"
or "subsidiaries"):the company itself
4.Reciprocal shareholding percentage:Not applicable
5.Cause of occurrence:Correction of the capital
adequacy ratio and ratio of tier I capital to
risk-weighted assets.
6.Information items/ statements to be corrected:
Notes 40 「CAPITAL MANAGEMENT」of financial statements
7.Amounts/ contents/ number of page to be corrected:
December 31, 2021 Capital adequacy ratio：14.82%
Ratio of Tier I capital to risk-weighted assets：14.87%
number of page：P.80
8.Amounts/ contents/ number of page after correction:
December 31, 2021 Capital adequacy ratio：14.87%
Ratio of Tier I capital to risk-weighted assets：14.82%
number of page：P.80
9.Countermeasures:None
10.Any other matters that need to be specified:None
