Company: Peracto Solutions
Category: Budgeting, Planning & Forecasting
Published: December 2007
Basel ll was ratified by the Bank of International Settlements (BIS), an international organization that promotes cooperation among central banks and other agencies, with the goal of establishing monetary and financial stability. Basel II sets a policy for adopting more risk-sensitive minimum capital requirements for banking organizations.
This paper will give you insight into the Basel Accord (Basel II) and how Microsoft DynamicsTM NAV helps small and midsized businesses deal with Basel II–related regulations. It is written to help people in the Microsoft Dynamics NAV 5.0 channel consult on or implement a business solution.
Small to midsize businesses need to convince banks that they are taking an acceptable risk and will therefore pay a reasonable return on financing provided to them. It is important that small to midsize business customers understand the new rules of the game and how they can prepare themselves for evaluation. The following paper describes how Microsoft Dynamics NAV 5.0 features can aid in this process.
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