Submitted by alitipu80 on June 20, 2007

• Category: Business
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Basel Ii In Pakistan

Introduction
Basel II is the term which refers to a round of deliberations by central bankers from round the world. In 1988, the Basel Committee (BCBS) in Basel, Switzerland, published a set of minimal capital requirements for banks. This is also known as the 1988 Basel Accord, and was enforced by law in the Group of Ten (G-10) countries in 1992, with Japanese banks permitted an extended transition period. Purpose of the original 1988 accord was twofold:
First, it aimed at creating a “level playing field” among banks by raising capital ratios, which were generally perceived as too low in many countries; and second, it also aimed at promoting financial stability by adopting...

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