Author

Kaushik Patel

Publication Date

1-1-2005

Document Type

Dissertation/Thesis

First Advisor

Docking, Diane S.

Degree Name

B.S. (Bachelor of Science)

Department

Department of Finance

Abstract

The new revisions to the Basel Accord present opportunities as well as challenges to the banking industry. The purpose of this paper is to explore the ramifications of the revisions and ponder potential reactions from practitioners. Research was based on journal, database and newspaper articles as well as recently published books exploring the issue. The new accord is expected to reduce capital holding costs for banks that conform to the regulation. Its long term effect may force banks to become more specialized and tender to a less broad customer base. The imbedded flexibility in the updates allows banks to choose methods that are most beneficial for its long term survival. The accord opens opportunities for banks to explore new products while aligning its capital holdings more closely to its risk portfolio.

Extent

14 pages

Language

eng

Publisher

Northern Illinois University

Rights Statement

In Copyright

Rights Statement 2

NIU theses are protected by copyright. They may be viewed from Huskie Commons for any purpose, but reproduction or distribution in any format is prohibited without the written permission of the authors.

Media Type

Text

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