Basel Capital Requirements and Credit Crunch in the MENA Region /

The 1988 Basel I Accord set the common requirements of bank capital to promote the soundness and stability of the international banking system. The agreement required banks to hold capital in proportion to their perceived credit risks, and this requirement may have caused a 'credit crunch,'...

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Bibliographic Details
Main Author: Ben Naceur, Sami
Other Authors: Kandil, Magda
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/160
Online Access:Full text available on IMF