Basel III Accords or Basel III Rules are a bunch of rules that are defined for banks to follow a certain set guidelines to ensure that they can operate at the best possible fashion. The Basel requirements define:
a. Liquidity Ratios
b. Capital Requirements
c. Counterparty Credit Risk requirements
d. Leverage Ratios
e. Etc
That is essential to maintain the healthy running of a bank.
perfect competition
Olligopoly's word parts mean, few many. That means that the industry is controlled by only a few people.
Sales and Purchase Agreement,
can anyone tell me what is value of production mean in simple terms
means keep track of how much money you have baby
what do you mean by clearance in banking
Trade Invoice
non derogatory in banking means that an account is ok
Emily is I'm not shore
SLF = Syndicated and Leveraged Finance
Basel II is the second of the Basel Accords, which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision. The purpose of Basel II, which was initially published in June 2004, is to create an international standard that banking regulators can use when creating regulations about how much capital banks need to put aside to guard against the types of financial and operational risks banks face. Advocates of Basel II believe that such an international standard can help protect the international financial system from the types of problems that might arise should a major bank or a series of banks collapse. In practice, Basel II attempts to accomplish this by setting up rigorous risk and capital management requirements designed to ensure that a bank holds capital reserves appropriate to the risk the bank exposes itself to through its lending and investment practices. Generally speaking, these rules mean that the greater risk to which the bank is exposed, the greater the amount of capital the bank needs to hold to safeguard its solvency and overall economic stability.For more details please refer to http://en.wikipedia.org/wiki/Basel_IIAbove is copied from this place only.
IBCA in terms of Banking mean, Inter Bank Credit Transactions IBDA Inter Bank Debit Transactions
Null defines the value in a banking account as zero, no value. Zero or null are used to state the same idea on banking and investment documents.
clering house ?
It really means has your background and honesty been checked.
If you mean "Basel", the answer is yes. I live there. Basel is in North-West Switzerland, on the border of both France and Germany.
In banking terms, CTX refers to Corporate Trade Exchange. CTX is a transfer system used corporations and governmental agencies. The CTX format allows for a payment to several parties with a single funds transfer.