Naceur, Sami Ben; Kandil, Magda E. - International Monetary Fund (IMF) - 2013
The 1988 Basel I Accord set the common requirements of bank capital to promote the soundness and stability of the … international banking system. The agreement required banks to hold capital in proportion to their perceived credit risks, and this … significant increase in credit growth following the implementation of capital regulations, in general. Despite higher capital …