European Bank capital expanded by 78,000 mln dlr

Investment bank JP Morgan expects European banks to extend capital in the next six months by 78,000 million, to comply with the recommendations of the Basel II capital.
JP Morgan said that European banks seem to focus on obtaining a structural capital ratio of 8 percent.

Scheduled broadcasts include 38,000 million dollars to restore public support and 40.000 million in new funds to strengthen balance sheets.
The enlargements of Commerzbank, Allied Irish Bank, Bank of Ireland and Societe Generale will represent about 52 percent of the 78,000 million, JP Morgan said.