Malaysia’s AmBank group said it is investing about RM10 million ($2.7 million) over the next two years to implement an SAS credit risk management solution to comply with the Basel II Accord. The solution will facilitate the process of data integration and data management, as well as performing group-wide capital adequacy ratio computation. Taiwanese banks will be Basel II compliant by January 1 2007, with at least five institutions applying to take on the Internal Ratings Based (IRB) approach. Source for commentary on this page: The Asian Banker

BIIA Newsletter September – 2006 Issue