Basel II Meaning
The Basel II meaning is "Basel Capital Accord". The Basel II abbreviation has 1 different full form.
Basel II Full Forms
- Basel Capital Accord Also known at Basel I, this was an agreement in 1988 by the Basel Committee of central bankers to measure the credit risk of commercial banks and set minimum standards for bank capital in order to reduce the likelihood of international repercussions due to bank failures. Computing, IT Terminology
Frequently Asked Questions (FAQ)
What does Basel II stand for?
Basel II stands for Basel Capital Accord.
What is the shortened form of Basel Capital Accord?
The short form of "Basel Capital Accord" is Basel II.
Citation
Basel II. Acronym24.com. (2020, October 20). Retrieved June 16, 2024 from https://acronym24.com/basel-ii-meaning/
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