Greek cbanker says Basel III may slow credit growth

Greece's central bank chief said on Friday that new, planned capital adequacy rules for banks known as "Basel III" may slow credit growth. "The new rules may... lead to slower
credit growth, since commercial banks may have to tighten their lending practices," said George Provopoulos, governor of the central bank of Greece in a speech. 




by Harry Papachristou 
source: Reuters