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单词 Basel Accord
释义
  • Business

Basel Accordnoun [ C ]

ukus

BANKING, FINANCE one of the two agreements (Basel 1 and Basel 2) made by countries belonging to the G10, which suggest rules for the control of the banking business in their countries:

This study examines the effect of the 1988 Basel Accord on banks' capital ratios and credit risk-taking.
The committee responsible for issuing the Basel accords sits at the Bank for International Settlements in Basel, Switzerland.
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更新时间:2024/9/24 22:34:51