Economics, Econometrics and Finance
3 years ago

Basel III Implementation in Sri Lanka Strengthens Banking Sector Resilience.

SSRN Electronic Journal
Latest Developments of Basel III in Sri Lanka
Chandra Gunawardhana, M.K.N. Damayanthi

Paper Summary

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Basel III is a set of rules to make banks safer after the financial crisis. It makes banks have more and better money to cover risks. Sri Lanka is following these rules to make its banks stronger. They started in 2015 and will finish in 2019.