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Global banking plan could raise cost of lending

Series: Estates Gazette ; (0104) 27 January 2001, 51(1)Publication details: 2001Subject(s): Summary: The Basle Committee on Banking Supervision, a powerful committee that sets standards for global banking, has released proposals that could force banks to make property loans more expensive. The committee proposes that, with regard to capital adequacy provision, commercial property loans should have a 100% weighting.

The Basle Committee on Banking Supervision, a powerful committee that sets standards for global banking, has released proposals that could force banks to make property loans more expensive. The committee proposes that, with regard to capital adequacy provision, commercial property loans should have a 100% weighting.