Nepal central bank cautious on Basel III counter-cyclical buffer

nepal-rastra

The Central Bank of Nepal is concerned over the potential negative impact on the domestic economy if it introduces the counter-cyclical buffer as part of the Basel III framework implementation programme it recently announced.

Nepal is set to implement Basel III capital ratios from the start of 2015 in a phased approach, with Nepalese banks in a strong position to meet the capital requirements due to higher than prescribed capital ratios under the country's Basel II capital adequacy framework whi

To continue reading...