The Basle Agreement concluded in 1988 requires central banks in leading industrialized countries to monitor the capital positions of their banks and required minimum ratios of capital to risk-adjusted assets.

Question

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The Basel Accord (Basel I), concluded in 1988, established international standards requiring banks to maintain a minimum capital ratio of capital to risk-weighted assets, aimed at enhancing the stability of the global banking system.

The Basle Agreement Concluded in 1988 Requires Central Banks in Leading