What are the core assets?

The core assets are the bank's own money, not the deposits absorbed by the bank or the bonds issued.

Article 12 of the Measures for the Administration of Capital Adequacy Ratio of Commercial Banks: The capital of commercial banks includes core capital and secondary capital. Core capital includes paid-in capital or common stock, capital reserve, surplus reserve, undistributed profit and minority shareholders' rights and interests. Tier 2 capital includes revaluation reserve, general reserve, preferred stock, convertible bonds and long-term subordinated debt.