Basel III and corporate credit: limited impact expectedDeloitte Belgian CFO Survey Q2-2010 |
CFOs are generally aware of ongoing discussions related to an update of the Basel II Accords.
The majority of CFOs expect banking regulation to impact the corporate sector through increases in the cost of bank credit - although limited. The recent increase in perceived costliness might already be indicative to this.
CFOs report similar concerns as to the availability of bank credit: most do expect Basel III to have impact, to some extent.
Basel III refers to a new update to the Basel Accords that is currently under development. Basel Accords refer to banking supervising accords issued by the "Basel committee on Banking Supervision". Basel III is expected to increase the amount of capital that banks need to hold.
