Dhofar Commercial bank reports: Common Equity Tier 1 capital of 45 million, Tier 1 capital of RO 50 million and Tier 2 capital of RO 20 million. The bank's total assets are 950 million and risk weighted assets are 600 million Has the bank met the capital adequacy Type of Capital Required requirement as specified by CBO Basel III requirements ? Tier 1 Capital Ratio Yes Additional Tieri Capital not required Do you agree? TRUE OR FALSE Select one: O True O False