In 2004 the Basel Committee published an extensive revision of the capital charges whichcreates more risk sensitive capital requirements for banks. The New Accord called “InternationalConvergence of Capital Measurement and Capital Standard” provides in its first pillarfor a finer measurement...

The paper discusses the impact of the Basel II Accord on the financing of smalland medium size enterprises (SME) in Austria. Although the Basel II Accord hasnot been established yet, the study tries to evaluate the expected impact of theBasel II Accord on SMEs, on the bases of the current...