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Nigar Huseynlı: Basel Standards And Theır Applıcatıon
Another factor as important as this issue is that customer checks and bills, as well as
the guarantees of partners and group companies, which have been accepted as loan
guarantees until today, are not accepted as collateral in BASEL II, although a full
consensus has not been reached yet and the discussions continue. Customer checks
and guarantees of partners and group companies were also not accepted under Basel
I. For a bank using the Basel - II standard method, there will be no change in this
regard.
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