It was motivated by a strengthened equity base together with improvements in the credit quality of IBRD's portfolio.
其动因是其股权基础加强和国际复兴开发银行的贷款信用质量得到改善。
By how much is unknown: even if Banks' borrowing costs are insensitive to their capital levels, shareholders may accept lower returns in exchange for the lower risk provided by a bigger equity base.
而他们不知道这些:即使银行的借款成本不受资本水平影响,股东也愿意接受用更低的回报来交换更大股本基数带来的更低风险。
By how much is unknown: even if Banks' borrowing costs are insensitive to their capital levels, shareholders may accept lower returns in exchange for the lower risk provided by a bigger equity base.
而他们不知道这些:即使银行的借款成本不受资本水平影响,股东也愿意接受用更低的回报来交换更大股本基数带来的更低风险。
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