>Liabilities represent a banks source of funds >Assets represent a banks uses of funds
ØLiabilities represent a bank’s source of funds. ØAssets represent a bank’s uses of funds
6.2.3 uses of bank funds 1. cash assets Reserves准备金(法定准备金和超额准备金): funds that a bank holds in the form of vault cash or deposits at the Federal reserve 应收现金项目 银行同业存款
6.2.3 uses of bank funds 1.cash assets ØReserves 准备金(法定准备金和超额准备金):funds that a bank holds in the form of vault cash or deposits at the Federal Reserve. Ø应收现金项目 Ø银行同业存款
2. government and agency securities 3. business loans consumer loans 5. mortgage loans 6. other loans 7. miscellaneous assets
2.government and agency securities 3.business loans 4.consumer loans 5.mortgage loans 6.other loans 7.miscellaneous assets
Why is it that no stocks are included among bank assets?
Why is it that no stocks are included among bank assets?
Commercial banks traditionally have barred by law from owning stocks
Commercial banks traditionally have barred by law from owning stocks