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The lobby of National Bank of Canada on King Street in Toronto.
The lobby of National Bank of Canada on King Street in Toronto.
(Fernando Morales/The Globe and Mail)

National Bank to beef up key capital ratio

With its operations humming, executives at National Bank of Canada are turning their attention to the bank’s capital levels.

While rival Big Six banks all have common equity ratios above 9 per cent – meaning their common equity amounts to at least 9 per cent of their risk-weighted assets – National Bank’s equivalent ratio is lagging, coming in at 8.3 per cent.