THE CAPITAL MANAGEMENT SYSTEM AFTER THE ADOPTION OF BASEL III NORMS: EVIDENCE FROM IRAQI CREDIT BANKS

Abstract

In every inquisitive modern society, the position of the banking system is extremely delicate and crucial. In exchange for a legal industry, the economic sector is the primary link between the efficacy and legitimacy of the financial system and its organizations, under the fundamental objectives of each nation's economy. To protect the financial system against risk-taking and extreme stubbornness, any version of the Basel Committee's rules and alternatives is pertinent. Therefore, based on ratio analysis, this paper provides an overview of the application of Iraqi and banking standards in the Basel Committee's decision, as well as an overview of the issues and reasons why the Basel Committee's decisions have not been implemented at the national and international level. This paper also analyzes how the banking system might be adjusted to satisfy the economic and financial conditions necessary to execute Basel decisions, as interpreted by the Board and the broader financial community.