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YouTuberookiefinance
Basel 1 Explained: The Rule That Saved Banking 🏦 #baselaccords #banking #finance #genz #knowledge
Ever heard of the first ever global banking rule? Let's talk Basel 1. 🏦 Created in 1988, it forced banks to keep a cushion of cash (at least 8%) just in case their loans went bad. It was the world's way of making banks play it safe. Simple, right? Subscribe to Rookie Finance for more! 🚀 #BaselAccords #BankingExplained #RookieFinance # ...
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