alpha bank romania sa
... determination is uncertain. Where the final tax is different from the amounts that were initially recorded, such differences will impact the income tax expense, the tax liabilities and deferred tax liabilities of the period in which the final tax is agreed with the tax authorities. ...
... determination is uncertain. Where the final tax is different from the amounts that were initially recorded, such differences will impact the income tax expense, the tax liabilities and deferred tax liabilities of the period in which the final tax is agreed with the tax authorities. ...
answers to questions - ORU Accounting Information
... No, debits and credits should not be recorded directly in the ledger. The advantages of using the journal are: 1. It discloses in one place the complete effects of a transaction. 2. It provides a chronological record of all transactions. 3. It helps to prevent or locate errors because the debit and ...
... No, debits and credits should not be recorded directly in the ledger. The advantages of using the journal are: 1. It discloses in one place the complete effects of a transaction. 2. It provides a chronological record of all transactions. 3. It helps to prevent or locate errors because the debit and ...
Global Financial Stability Report(Chapter 1): Potent Policies for
... mobilization of savings, dissemination of information, and pricing of assets would struggle with low profitability and impaired balance sheets for a sustained period. Financial stagnation would erode soundness to such an extent that both economic growth and financial stability would be negatively af ...
... mobilization of savings, dissemination of information, and pricing of assets would struggle with low profitability and impaired balance sheets for a sustained period. Financial stagnation would erode soundness to such an extent that both economic growth and financial stability would be negatively af ...
Enhanced Stress Testing and Financial Stability
... if other institutions can step in and provide the services that cannot be provided by the distressed institution. However, if banks representing enough intermediation activity experience financial distress at the same time, then others may be not able to substitute for the lost FI services, and syst ...
... if other institutions can step in and provide the services that cannot be provided by the distressed institution. However, if banks representing enough intermediation activity experience financial distress at the same time, then others may be not able to substitute for the lost FI services, and syst ...
Large Canadian Banks Q2 2017 Earnings Round-Up
... DBRS remains cautious of a potential adverse correction in the Canadian housing market, especially in the Greater Toronto Area (GTA) and Greater Vancouver Area (GVA). Previous actions taken by the federal and provincial government authorities, coupled with higher risk aversion on the part of lenders ...
... DBRS remains cautious of a potential adverse correction in the Canadian housing market, especially in the Greater Toronto Area (GTA) and Greater Vancouver Area (GVA). Previous actions taken by the federal and provincial government authorities, coupled with higher risk aversion on the part of lenders ...
Stress testing of banks: an introduction
... system-wide impact of the shock, and hence risks to the provision of financial services to households and businesses. Related to that, concurrent exercises also support attempts to quantify the impact of the feedback and amplification channels that operate within the banking sector, and between bank ...
... system-wide impact of the shock, and hence risks to the provision of financial services to households and businesses. Related to that, concurrent exercises also support attempts to quantify the impact of the feedback and amplification channels that operate within the banking sector, and between bank ...
Consumer Loans in Cambodia - Munich Personal RePEc Archive
... excessive, might create significant risks to financial stability. This instability is realized at the time when the deterioration of the economy or the occurrence of a strong-enough negative shock affects the households’ balance sheet and cash-flow position, resulting in the loan defaults and then c ...
... excessive, might create significant risks to financial stability. This instability is realized at the time when the deterioration of the economy or the occurrence of a strong-enough negative shock affects the households’ balance sheet and cash-flow position, resulting in the loan defaults and then c ...
The Securitization of U.S. Bank Activities in the Eurodollar Market
... interest or to perform other obligations under the note, cross-default and bankruptcy). Such a note contains none of the representations and warranties typically found in a Eurodollar loan agreement. The subscription agreement, however, pursuant to which the managers of an FRN issue commit to purcha ...
... interest or to perform other obligations under the note, cross-default and bankruptcy). Such a note contains none of the representations and warranties typically found in a Eurodollar loan agreement. The subscription agreement, however, pursuant to which the managers of an FRN issue commit to purcha ...
DeNovo Q1 FinTech ReCap and Funding ReView - Strategy
... this is counter to changing consumer trends in which trust is shifting away from the institution. As the sharing economy continues to grow, we see blockchain as a more opportunistic area that will benefit, and we see the insurance and payments industries as the most likely sectors that will need to ...
... this is counter to changing consumer trends in which trust is shifting away from the institution. As the sharing economy continues to grow, we see blockchain as a more opportunistic area that will benefit, and we see the insurance and payments industries as the most likely sectors that will need to ...
Powerpoint Chapter 14 - The Federal Reserve and Monetary Policy
... • If actual reserves (RD) are less than Required Reserves (RR), the excess Reserves (ER) are negative – If a bank does find itself short, it will usually borrow reserves from another bank that does have excess reserves. These are called federal funds and the interest rate charge is called the federa ...
... • If actual reserves (RD) are less than Required Reserves (RR), the excess Reserves (ER) are negative – If a bank does find itself short, it will usually borrow reserves from another bank that does have excess reserves. These are called federal funds and the interest rate charge is called the federa ...
The Federal Reserve`s Primary Dealer Credit Facility
... original purchase of the security. The buyer—often a pension fund, money market mutual fund, or bank—is making a collateralized investment, and the trade terms are structured to compensate the buyer for use of its funds. Repos constitute a major source of short-term financing for broker-dealers, rep ...
... original purchase of the security. The buyer—often a pension fund, money market mutual fund, or bank—is making a collateralized investment, and the trade terms are structured to compensate the buyer for use of its funds. Repos constitute a major source of short-term financing for broker-dealers, rep ...
Over-the-counter loans, adverse selection, and stigma in the
... Federal Reserve System dramatically changed its discount window policy and started to operate a standing facility, offering loans to eligible depository institutions at an interest rate higher than the fed funds target rate (at the time, the spread was set at 100 basis points). For banks in good fina ...
... Federal Reserve System dramatically changed its discount window policy and started to operate a standing facility, offering loans to eligible depository institutions at an interest rate higher than the fed funds target rate (at the time, the spread was set at 100 basis points). For banks in good fina ...
A Framework for Analyzing Large Scale Asset
... sheets to eliminate this premium, so long as they do not face any constraints in borrowing. In this instance, as we will make clear, central bank intermediation of the asset is neutral: It does not affect asset prices and returns: It simply displaces private intermediation. If however private interm ...
... sheets to eliminate this premium, so long as they do not face any constraints in borrowing. In this instance, as we will make clear, central bank intermediation of the asset is neutral: It does not affect asset prices and returns: It simply displaces private intermediation. If however private interm ...
The Effects of Bank Market Power in Short-Term and Long
... likelihood of bank branches providing bank credit. This result confirms that the nonmonotonic effect of market concentration is robust to controlling for the presence of local credit markets for banks with multiple contacts. Presbitero and Zazzaro (2011) extend their analysis by suggesting that thi ...
... likelihood of bank branches providing bank credit. This result confirms that the nonmonotonic effect of market concentration is robust to controlling for the presence of local credit markets for banks with multiple contacts. Presbitero and Zazzaro (2011) extend their analysis by suggesting that thi ...
Why Is Financial Stability a Goal of Public Policy
... A number of developments in recent years have combined to put the issue of financiar stability at the top of the agenda, not just of supervisora authorities, but of public policymakers more generally. These developments include the explosiva growth in the volume of -financiar transactions, the incre ...
... A number of developments in recent years have combined to put the issue of financiar stability at the top of the agenda, not just of supervisora authorities, but of public policymakers more generally. These developments include the explosiva growth in the volume of -financiar transactions, the incre ...
Bank Capital: Lessons from the Financial Crisis
... risk exposure; but if the risk exposure calculation under Basel rules did not reflect actual risk, capital measures based on cruder risk-exposure proxies, such as total assets, may be have been considered as more meaningful by equity traders (Blum, 2007). A third issue is the types of instrument tha ...
... risk exposure; but if the risk exposure calculation under Basel rules did not reflect actual risk, capital measures based on cruder risk-exposure proxies, such as total assets, may be have been considered as more meaningful by equity traders (Blum, 2007). A third issue is the types of instrument tha ...
Official Information of 27 June 2012
... 1. Receivables from financial activities to which zero expected loss is allocated a) receivables against an entity with a risk weight of 0%, e.g. receivables against central governments and central banks of Member States in their own currency, if they are financed in the same currency, receivables a ...
... 1. Receivables from financial activities to which zero expected loss is allocated a) receivables against an entity with a risk weight of 0%, e.g. receivables against central governments and central banks of Member States in their own currency, if they are financed in the same currency, receivables a ...
Bachelor of Finance and Banking Thesis SOLVING BAD DEBTS AT
... in Korea, the period from 1980 to the beginning of 1990s, even though the country gain many impressive economic achievements such as the annual average GDP growth rate of 9% and average investment level of 13.6%, it still had to encounter several risks that are associated with the development, espec ...
... in Korea, the period from 1980 to the beginning of 1990s, even though the country gain many impressive economic achievements such as the annual average GDP growth rate of 9% and average investment level of 13.6%, it still had to encounter several risks that are associated with the development, espec ...
Optimum Bank Equity Capital and Value at Risk
... financial market (For an excellent discussion of bank management see Greenbaum/Thakor 1995, and for modelling a banking firm see, e.g., Broll/Wahl 2000.). The return on the bank’s portfolio of assets is uncertain. Hence, the banking firm is exposed to market risk and may not be able to meet its debt ...
... financial market (For an excellent discussion of bank management see Greenbaum/Thakor 1995, and for modelling a banking firm see, e.g., Broll/Wahl 2000.). The return on the bank’s portfolio of assets is uncertain. Hence, the banking firm is exposed to market risk and may not be able to meet its debt ...
The Effect of Market Power on Stability and Performance of Islamic
... market share affects profitability positively, implying that market share has effect on profitability rather than market concentration. Furthermore, according to Goddard et al. (2004b), if there are a lot of large banks, collusion would not exist. They argue that the existence of high profits among ...
... market share affects profitability positively, implying that market share has effect on profitability rather than market concentration. Furthermore, according to Goddard et al. (2004b), if there are a lot of large banks, collusion would not exist. They argue that the existence of high profits among ...
World Asset Markets and the Global Financial Cycle
... stocks and corporate bonds exhibit a high degree of comovement worldwide. A simple model suggests that this global factor reflects both aggregate volatility of asset markets and the time-varying degree of risk aversion of markets. In turn, this aggregate risk aversion can be interpreted as reflectin ...
... stocks and corporate bonds exhibit a high degree of comovement worldwide. A simple model suggests that this global factor reflects both aggregate volatility of asset markets and the time-varying degree of risk aversion of markets. In turn, this aggregate risk aversion can be interpreted as reflectin ...
This PDF is a selection from a published volume from... National Bureau of Economic Research
... practices of industrialized-country banks. This paper explores patterns in U.S. bank claims on foreign partners. U.S. banks have emerged as key participants in international banking and are particularly active in European and Latin American countries, with the latter group having faced tumultuous pe ...
... practices of industrialized-country banks. This paper explores patterns in U.S. bank claims on foreign partners. U.S. banks have emerged as key participants in international banking and are particularly active in European and Latin American countries, with the latter group having faced tumultuous pe ...
Quantifying the Value of Implicit Government Guarantees for Large
... This “Too-Big-to-Fail” (TBTF) conundrum, as confirmed by governments’ actions during the recent financial crisis, is real. Government support, even when implicit, has costs and consequences. It is important to understand them. Part of these government guarantees’ costs may represent value transfer f ...
... This “Too-Big-to-Fail” (TBTF) conundrum, as confirmed by governments’ actions during the recent financial crisis, is real. Government support, even when implicit, has costs and consequences. It is important to understand them. Part of these government guarantees’ costs may represent value transfer f ...
The Financial Performance of Islamic vs. Conventional Banks: An
... that the stability and growth of any economy to a great extent depends on the stability of its banking sector. It functions as an intermediary linking surplus and deficit units, facilitates funds for productive purpose and thereby contributes to economic development. Rose (2012) claims that although ...
... that the stability and growth of any economy to a great extent depends on the stability of its banking sector. It functions as an intermediary linking surplus and deficit units, facilitates funds for productive purpose and thereby contributes to economic development. Rose (2012) claims that although ...
Credit standards and financial institutions’ leverage ∗ Gilles Dufr´enot
... respectively. In good times, institutions are more optimistic about the future prospects of the economy, they increase their leverage and potentially invest in riskier projects, whose risk-return profile has improved. On average, this behavior can result in bigger losses in the future, a correction ...
... respectively. In good times, institutions are more optimistic about the future prospects of the economy, they increase their leverage and potentially invest in riskier projects, whose risk-return profile has improved. On average, this behavior can result in bigger losses in the future, a correction ...
Bank
A bank is a financial intermediary that creates credit by lending money to a borrower, thereby creating a corresponding deposit on the bank's balance sheet. Lending activities can be performed either directly or indirectly through capital markets. Due to their importance in the financial system and influence on national economies, banks are highly regulated in most countries. Most nations have institutionalized a system known as fractional reserve banking under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, known as the Basel Accords.Banking in its modern sense evolved in the 14th century in the rich cities of Renaissance Italy but in many ways was a continuation of ideas and concepts of credit and lending that had their roots in the ancient world. In the history of banking, a number of banking dynasties — notably, the Medicis, the Fuggers, the Welsers, the Berenbergs and the Rothschilds — have played a central role over many centuries. The oldest existing retail bank is Monte dei Paschi di Siena, while the oldest existing merchant bank is Berenberg Bank.