Following the depreciation in value of the naira, banks that are yet to adopt Basel 11 banking regulations run the risk of customers’ loan default and may be forced to reduce assets size.
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The naira shed 8.3 per cent to the dollar on February, worse than a 6.9 per cent fall in November after the Central Bank devalued the currency by eight per cent in order to save its foreign reserves.

A herd of finance and economic analysts at an investment banking and research company, Capital Bancorp Plc, feared that due to devaluation of the naira, most banks run the risk of loan default, even as they believed that only banks that had complied with Basel 11 reporting standards would be safer.

“We are of the opinion that banks that fail to meet the Basel 11 reporting standards will be forced to either raise equity in a weak capital market or reduce their asset size,” the analysts said in a note over the weekend.

Basel II set up risk and capital management requirements designed to ensure that a bank has adequate capital for the risk the bank exposes itself to through its lending and investment practices. Generally speaking, these rules mean that the greater risk to which the bank is exposed, the greater the amount of capital the bank needs to hold to safeguard its solvency and overall economic stability.

In response to a questionnaire released by the Financial Stability Institute (FSI), 95 national regulators indicated they were to implement Basel II, in some form or another, by 2015.

The Central Bank of Nigeria (CBN) earlier set 2012 as the deadline for Basle II implementation. This takes into account the adoption of International Financial Reporting Standards (IFRS), recognised as the global standard for financial reporting
Source:http://nairausd..com/2015/03/bank-asset-at-risk-on-reduction-base-on.html

This is serious oh!

sorry bro, what's the meaning of Basel 11

Nigeria needs to turn a new leaf from Jonathan's failure and corruption. Vote for Change. Sai Buhari.

APC LIE LIAR MUHAMMAD 


APC WITCHCRAFT BROOM CARRYING PARTY

APC CAUSING FUEL SCARCITY LIKE THIER MAYHEM.
The Schizophrenic demented sick Pa Buhari is a terrorist, deranged old brainless super clueless bastard
Apc is boko haram
Thiefnu.bu is a pedophile drug dealer and a cocain sniffer property seized in the usa for his drug deals.

Buhari can only be president in sambisa and shekau would hand over to him with his forged result. 

Osinbajo is fake and a loafer

Amechi and Fashola are errand boys

Ambode new recruit errand boy


Buhari boko haram spiritual head

Atiku and Thiefnu.bu boko haram sponsor

the poster above me though

yakubuomowumi:
APC LIE LIAR MUHAMMAD 
APC WITCHCRAFT BROOM CARRYING PARTY
APC CAUSING FUEL SCARCITY LIKE THIER MAYHEM.
The Schizophrenic demented sick Pa Buhari is a terrorist, deranged old brainless super clueless bastard
Apc is boko haram
Thiefnu.bu is a pedophile drug dealer and a cocain sniffer property seized in the usa for his drug deals.
Buhari can only be president in sambisa and shekau would hand over to him with his forged result. 
Osinbajo is fake and a loafer
Amechi and Fashola are errand boys
Ambode new recruit errand boy
Buhari boko haram spiritual head
Atiku and Thiefnu.bu boko haram sponsor

please this is not time for this. Our economy will be affected