Basel III increases bank's capital requirements by raising the amount of 'tier 2' capital banks are required to hold.

Name: Basel III increases bank's capital requirements by raising the amount of 'tier 2' capital banks are required to hold.
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Basel III primarily focuses on increasing the quality and quantity of 'tier 1' capital, which is the core capital of a bank, rather than 'tier 2' capital. It aims to improve the banking sector's ability to absorb shocks arising from financial and economic stress.

Basel III Increases Bank's Capital Requirements by Raising the Amount