Since 2014
Some Imperative Issues and Challenges in Implementing Basel II for Developing Economies with Special Reference to Bangladesh
The International Journal of Latest Trends in Finance and Economic Sciences
View Archive Info| Field | Value | |
| Title |
Some Imperative Issues and Challenges in Implementing Basel II for Developing Economies with Special Reference to Bangladesh
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| Creator |
Hossain, Eman; Eman Hossain Lecturer Faculty of Business Administration Prime University, Dhaka, Bangladesh Cell no.: +88-01816747945 E-mail:eman_780@yahoo.com Ferdous, Jannatul; Faculty of Business Administration Farzana, Nahid; Faculty of Business Administration |
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| Description |
In June 2006, Basel Committee on Banking Supervision issued a comprehensive document on New Capital Adequacy Framework to replace the 1988 Basel Accord and to foster a strong emphasis on risk management and to encourage ongoing improvements in banks’ risk assessment capabilities. This paper attempts to explore some significant issues and challenges in Basel II implementation for the developing economies like Bangladesh. There are many possible negative impacts of an unchecked implementation of Basel II. The paper also tries to find out what Basel II norms should be applied and to what extent to ensure the survival and growth for the developing economies. The norms of Basel II are for strengthening the banking systems globally and this objective should not be lost. Developing Economies like ours need to be prepared and adapted to the changing global conditions and the norms for matching our economy with that of developed ones. The impact of implementation of Basel II on the banks, the industry and the society should be carefully evaluated.
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| Publisher |
International Journal of Latest Trends in Finance and Economic Sciences
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| Contributor |
—
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| Date |
2013-01-23
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| Type |
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| Format |
application/pdf
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| Identifier |
http://ojs.excelingtech.co.uk/index.php/IJLTFES/article/view/Hossain
10.2047/ijltfesvol2iss4-298-304 |
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| Source |
International Journal of Latest Trends in Finance and Economic Sciences; Vol 2, No 4 (2012): December; 298-304
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| Language |
en
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| Rights |
The copyright of the contribution is transferred to IJLTFES in case of acceptance. The copyright transfer covers the exclusive right to reproduce and distribute the contribution, including reprints, translations, photographic reproductions, microform, electronic form, or any other reproductions of similar nature. The Author may publish his/her contribution on his/her personal Web page provided that he/she creates a link to the mentioned volume of IJLTFES. The Author may not publish his/her contribution anywhere else without the prior written permission of the publisher unless it has been changed substantially. The Author warrants that his/her contribution is original, except for such excerpts from copyrighted works as may be included with the permission of the copyright holder and author thereof, that it contains no libellous statements, and does not infringe on any copyright, trademark, patent, statutory right, or propriety right of others. The Author also agrees for and accepts responsibility for releasing this material on behalf of any and all co-authors.
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