FOR bankers, the current minimum Capital Adequacy Ratio (CAR) requirement being set at 8 percent is rather like having the mythological sword of Damocles hanging over one's head. On the one hand, the government is pushing banks to provide loans. But by doing this, banks' capital will then be reduced. Eventually, their CAR levels will drop and they will face the threat of closure.

The members of Bank Universal's Board of Directors can certainly rel