1.1 Liabilities- Checkable deposits Checkable deposits are bank/accounts that allow the owner of the account to write checks to third parties支票存款是 允许账户持有者向第三方签发支票的银行账户。 o It includes: non-interest-bearing checking accounts不计息支票账户 ( demand deposits活期存款), interest bearing Now(negotiable order of withdrawal) accounts计息的可转让提款通 知书账户, and money market deposit accounts货币市场存款账户 MMDAS)
1.1 Liabilities－ Checkable deposits • Checkable deposits are bank accounts that allow the owner of the account to write checks to third parties.支票存款是 允许账户持有者向第三方签发支票的银行账户。 • It includes: non-interest-bearing checking accounts不计息支票账户 (demand deposits活期存款), interestbearing NOW (negotiable order of withdrawal) accounts计息的可转让提款通 知书账户, and money market deposit accounts 货币市场存款账户(MMDAs)
11 Liabilities- Nontransaction Deposits非交易性存款 Nontransaction deposits are the primary source of bank funds. (52%) Owners cannot write checks on it but the interest rates are usually higher than those on checkable deposits. The two basic types of nontransaction deposits: savings deposits储蓄存款 time deposits定期存款( also called certificates of deposit, or CDs) BACK Include small and large denominatio
1.1 Liabilities－ Nontransaction Deposits非交易性存款 • Nontransaction deposits are the primary source of bank funds. （52%） Owners cannot write checks on it, but the interest rates are usually higher than those on checkable deposits. • The two basic types of nontransaction deposits: savings deposits 储蓄存款 time deposits 定期存款(also called certificates of deposit, or CDs) Include small and large denomination
11 Liabilities- Borrowings借款 Banks obtain funds by borrowing from the Federal Reserve System (联邦储备体系), other banks, and corporations discount loan贴现贷款 overnight funds隔夜资金 repurchase agreements回购协议 BACK
1.1 Liabilities－ Borrowings借款 • Banks obtain funds by borrowing from the Federal Reserve System （联邦储备体系）, other banks, and corporations. • discount loan 贴现贷款 • overnight funds 隔夜资金 • repurchase agreements 回购协议
11 Liabilities- bank capital银行姿本 Bank capital is the bank's het worth 净值, which equals the difference差额 between total assets and liabilities (8% in the table The funds are raised by selling new equity(stock)or from retained earnings银行资本是通过销售新股权(股票) 或留存收益而获得的。 BACK
1.1 Liabilities－ bank capital 银行资本 • Bank capital is the bank’s net worth 净值, which equals the difference差额 between total assets and liabilities (8% in the table) • The funds are raised by selling new equity (stock) or from retained earnings.银行资本是通过销售新股权（股票） 或留存收益而获得的
1…2 Assets- Reserves 准备金( reserves)是指金融机构为保证客户提 取存款和资金清算需要而准备的在中央银行的存 款,和银行的库存现金 vault cash)。 ● Reserves= vault cash requried reserves法定存款准备金 exess reserves超额存款准备金
1.2 Assets－Reserves • 准备金(reserves)是指金融机构为保证客户提 取存款和资金清算需要而准备的在中央银行的存 款，和银行的库存现金(vault cash)。 • Reserves= vault cash +requried reserves 法定存款准备金 +excess reserves 超额存款准备金