THE IMPACT OF THE BASEL III AGREEMENT ON THE BANKING SYSTEMS
In the light of the current financial crisis, some deficiencies of the financial supervision system were highlighted. The former Basel II Agreement needed to be reformulated to achieve more stability of the banking systems. The new Basel III launched tight regulation regarding both banking solvency...
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| Format: | Article |
| Language: | English |
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University of Pitesti
2014-06-01
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| Series: | Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice |
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| Online Access: | http://economic.upit.ro/repec/pdf/2014_1_1.pdf |
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| _version_ | 1850052653275414528 |
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| author | Magdalena RADULESCU |
| author_facet | Magdalena RADULESCU |
| author_sort | Magdalena RADULESCU |
| collection | DOAJ |
| description | In the light of the current financial crisis, some deficiencies of the financial supervision system were highlighted. The former Basel II Agreement needed to be reformulated to achieve more stability of the banking systems. The new Basel III launched tight regulation regarding both banking solvency and liquidity and the leverage ratio. These regulations imply more costs for banks. Many bankers didn’t agree because of the decrease of the profitability of banks. Still, even the current crisis wasn’t surpassed yet, the financial authorities have already claimed another improved agreement Basel IV. |
| format | Article |
| id | doaj-art-41ad40e828fb48639b33eb21b921db38 |
| institution | DOAJ |
| issn | 1583-1809 2344-4908 |
| language | English |
| publishDate | 2014-06-01 |
| publisher | University of Pitesti |
| record_format | Article |
| series | Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice |
| spelling | doaj-art-41ad40e828fb48639b33eb21b921db382025-08-20T02:52:45ZengUniversity of PitestiBuletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice1583-18092344-49082014-06-01131310THE IMPACT OF THE BASEL III AGREEMENT ON THE BANKING SYSTEMSMagdalena RADULESCU0Faculty of Economics, University of Pitesti, RomaniaIn the light of the current financial crisis, some deficiencies of the financial supervision system were highlighted. The former Basel II Agreement needed to be reformulated to achieve more stability of the banking systems. The new Basel III launched tight regulation regarding both banking solvency and liquidity and the leverage ratio. These regulations imply more costs for banks. Many bankers didn’t agree because of the decrease of the profitability of banks. Still, even the current crisis wasn’t surpassed yet, the financial authorities have already claimed another improved agreement Basel IV.http://economic.upit.ro/repec/pdf/2014_1_1.pdfprudential supervisionbanking systemBasel III |
| spellingShingle | Magdalena RADULESCU THE IMPACT OF THE BASEL III AGREEMENT ON THE BANKING SYSTEMS Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice prudential supervision banking system Basel III |
| title | THE IMPACT OF THE BASEL III AGREEMENT ON THE BANKING SYSTEMS |
| title_full | THE IMPACT OF THE BASEL III AGREEMENT ON THE BANKING SYSTEMS |
| title_fullStr | THE IMPACT OF THE BASEL III AGREEMENT ON THE BANKING SYSTEMS |
| title_full_unstemmed | THE IMPACT OF THE BASEL III AGREEMENT ON THE BANKING SYSTEMS |
| title_short | THE IMPACT OF THE BASEL III AGREEMENT ON THE BANKING SYSTEMS |
| title_sort | impact of the basel iii agreement on the banking systems |
| topic | prudential supervision banking system Basel III |
| url | http://economic.upit.ro/repec/pdf/2014_1_1.pdf |
| work_keys_str_mv | AT magdalenaradulescu theimpactofthebaseliiiagreementonthebankingsystems AT magdalenaradulescu impactofthebaseliiiagreementonthebankingsystems |