Thursday, January 10, 2013

Easing in liquidity rules raises banks' hope





The loosening of liquidity rules due to come into effect on banks raises hopes among some analysts of a recovery of lending in the euro zone.


The Basel Committee on Banking Supervision announced over the weekend that it would give banks more time to meet global liquidity rules, phasing them into force from 2015.


The world's top banking regulatory body also widened what banks could hold to meet the requirement of having 30 days worth of liquid assets in case of a crisis.









via Business feed http://www.scmp.com/business/banking-finance/article/1123992/easing-liquidity-rules-raises-banks-hope

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