(53)The minimum ratio provided for in this Directive reinforces the capital of credit institutions in the Community. A level of 8 % has been adopted following a statistical survey of capital requirements in force at the beginning of 1988.
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New version applies from 13/04/2005 — introduced by Directive 2005/1/EC.
88 provisions change.
Later versions: 29/03/2006, 20/07/2006.
Recital 53 changes in this version: compare with the current text.