Middle East Economic Survey


No 8



Basel II: Likely Mixed Impact On Mideast Project Finance

Basel II has been on the horizon for years, but with the first phase of implementation approaching at the end of the year, and some banks already putting the guidelines into place, Melanie Lovatt looks at the regulations and discusses their impact on project finance.

When the new Basel II regulations go into effect on 1 January 2007 they will determine capital requirements...