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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Bibliographic Details
Main Author: Magdalena RADULESCU
Format: Article
Language:English
Published: Publishing house of University of Pitesti, Romania 2014-06-01
Series:Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice
Subjects:
Online Access:http://economic.upit.ro/repec/pdf/2014_1_1.pdf