Resources for Basel II Capital Accord (Basel II)

Introduction of Basel II should not impact Gulf bank ratings, says S&P

www.ameinfo.com

The implementation of Basel II in the Gulf Cooperation Council (GCC) countries is not expected to have a dramatic impact on the credit ratings of Gulf banks and will improve transparency, according to Standard & Poor's Ratings Services.

t will help regional banks improve their risk management systems and focus more on quantitative information and analysis, however many will be challenged to find reliable regional data on corporate defaults.

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