In 2008, the Basel Committee on Banking Supervision came up with several Principles for Sound Liquidity Risk Management and Supervision. Principle 4 from the document states"A bank should incorporate liquidity costs, benefits and risks in the internal pricing performance measurement and new product approval process for all significant business activities (both on- and off-balance sheet), thereby aligning the risk- taking incentives of individual business lines with the liquidity risk exposures their activities create for the bank as a whole." In your opinion ,

how does this principle factor into credit card interest rates?

Sam 10 points In 2008, the Basel Committee on Banking Supervision came up with several Principles for Sound Liquidity Risk Management and supervision Principled from the documentate bank should incorporate liquidity costs, benefits and risks in the internal pring performance measurement and new product approval process for all gerificant business activities (boch on and off-balance sheet), thereby aligning the risk taking incentives of individual business lines with the liquidity risk exposires their acties Create for the banks a whole in your opinion, how does this principle factor into credit card interest rates? ALTINDA TEMAT Mart