05.04.2013 - All Bahraini banks ready to implement Basel III
Almost 100 per cent Bahraini banks are ready to implement the Basel III new capital requirements of BIS by year-end, a top banker said on Wednesday. The Chairman of the Union of Arab Banks (UAB) Adnan Ahmed Yousif on the sidelines of the Annual Arab Banking Conference 2013 said that the notion that Basel III would destroy the third world banking system was not based on facts. “Our banks in Bahrain are 100% ready to implement the Basel III standards and almost 80% banks across the Arab region are ready to adopt to the new regulatory framework,” Adnan Yousif, added...............................................Full Article: Source
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