How Do Chinese Banks Develop According to the New Basel Capital Accord

The declaration of the new Basel capital accord brought new changes to the concept of bank risk management in the world.It is a challenge as well as an opportunity to the banks in our country.This article introduces the background of the new Basel capital accord announcement,the main content and the main progress.It analyzes the problems in the risk management of banks in our country,and points out the improvement needed our banks to adapt the new agreement.Our banks won't carry out the new agreement in recent years.But it doesn't' mean that we reject the new agreement.The banks should enrich the capital,build up the risk management system,strengthen the function of financial supervision and enhance the information release.The purpose is to carry out the new agreement more smoothly in the future.