LatAm sits pretty as Basel III rules advance

Jan 14, 2014

Latin American banks are likely to comfortably comply with further details of the Basel III framework that were mandated by the Bank for International Settlements (BIS) on Sunday, say analysts. Under the maximum leverage ratio for banks stipulated by the BIS, banks in Argentina, Brazil and Mexico — Latin America’s Basel-adherent countries — will have to hold capital equal to at least 3% of their assets from January 2018. The new...

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