The project deals with capital adequacy in banks, as this is approached by the three Pillars of the New Basel Accord. The effects of the implementation of the New Accord upon the capital adequacy ratio of Pancretan Cooperative Bank was studied. The time period of the analysis spans the period 1999-2006. The dataset used for the calculation of the capital adequacy ratio is based upon historical data and forecasts for the years 2003-2006. The calculation of the capital adequacy ratio is based on the existing framework set by the national supervisor and already implemented by the bank and on the proposed by the Basel Committee new framework. The results seem to be favorable for Pancretan Cooperative Bank, since it is expected that the implementation of the new framework will have little effect upon its capital adequacy ratio.