3/18/12

What is Basel Standards?


The Bank for International Settlements (BIS) , Basel, Switzerland formed Basel committee to undertake a study on the banking systems and suggest standards for ensuring safety, liquidity, soundness and solvency in the system.
Basel III has been termed as a new set of standards to equip international banks to overcome any crisis by infusing extra capital and reserves during good times.

Visit: www.ourfinancialman.tk for more financial queries...

No comments:

Post a Comment