小企業貸款

Basel threat to small business

Tough rules that require investment banks to hold additional capital against risky assets will hit lending to smaller companies by making it more expensive to securitise loans, bankers and analysts have warned.

The Basel Committee on Banking Supervision voted two weeks ago to increase the capital banks must hold against future losses from 2 to 7 per cent of their assets adjusted for risk.

That headline change understates the effect for banks with large trading books and securitisation businesses because the regulators also approved changes in the way banks calculate risk.

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