Banks warm up to Basel II

Local commercial banks have started warming up to Basel II, a set of banking regulations that have been put forth by the Basel committee on bank supervision, which regulates finance and banking internationally.

Basel II attempts to integrate Basel capital standards with national regulations, by setting the minimum capital requirements of financial institutions with the goal of ensuring institutional liquidity.

In preparation for the implementation of the new regime in January next year, banks have been on a parallel run with Basel 1.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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