Abstract:
This paper will aim at proving that the introduction of the reforms known
as Basel III considerably eliminates the deficits of the Basel regulations from
2004, but will result in lower availability of loans for bank clients and will
slow down the economic development.
The article consists of three sections. The first part presents the role and
challenges facing banks in times of crisis. In the second part special attention
has been paid to the main assumptions of the changes proposed by the Basel
Committee on Banking Supervision. The third chapter focuses on analyzing the
predicted influence of Basel III on economy and banks operating in Poland and
all over the world.