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What is the capital requirement of expanded commercial bank in the Philippines?
P5 Billion
What is the minimum capital to operate a commercial bank?
The minimum capital required to operate a commercial bank varies by country and regulatory authority, but it typically ranges from several million to several billion dollars. For example, in the United States, the minimum capital requirement can be around $10 million for a newly chartered bank, while in other jurisdictions, it may be significantly higher. Regulatory bodies set these requirements to ensure that banks have sufficient capital to absorb losses and maintain solvency. Ultimately, the specific amount depends on factors such as the bank's size, business model, and the risk profile of its operations.
What is the age requirement to open an account in a commercial bank?
16
What is minimum capital ratio?
The minimum capital ratio is a financial metric that measures the minimum amount of capital a bank or financial institution must hold relative to its risk-weighted assets. It is a regulatory requirement designed to ensure that banks maintain sufficient capital buffers to absorb potential losses and promote stability in the financial system. This ratio is typically expressed as a percentage and is a key component of the Basel Accords, which set international banking standards. Maintaining an adequate minimum capital ratio helps protect depositors and reduce the risk of bank failures.
Main uses of fund of commercial bank?
capital and reserves
What is Reserve Requirement?
Reserve requirement is a central bank rule that sets the minimum reserves each bank must hold to customer deposits. It would normally be in the form of fiat currency stored in a bank vault or with a central bank.
What are the finance project topics for b com?
commercial bank,capital market,share capital
Do both people in a marriage have to have a job to get a bank loan?
no, ther is a minimum income requirement, but as long as at least one person is making the requirement it is sufficient.
What is one capital intensive industry in the Caribbean?
one capital intensive industry in the Caribbean is the commercial bank
What is a Subsidiary General Ledger account held with the Public Debt Office of the Reserve Bank of India?
The Central Bank makes it mandatory on all commercial banks to invest a certain percentage of their liabilities [(only demand) or (demand and time both)] in government securities viz. T-Bills, Bonds etc which is called Statutory Liquidity Requirement. These securities are parked in an account maintained with the Central Bank which is called Subsidiary General Ledger. The main purpose of this account is the holding and trading of government securities. Why is holding separated from trading? B/c holding is the minimum requirement. Trading comes in case of Excess Securities which can be traded by the commercial banks. For example, if a commercial bank is carrying a short position, and has excess securities available, it will borrow from the interbank against security (called Repo)while comlying with the minimum requirement. This involves movement of SGLA (subsidiary General Ledger accounts). Entry will be as follows: Current Account (commercial bank) debit SGLA credit The Central Bank makes it mandatory on all commercial banks to invest a certain percentage of their liabilities [(only demand) or (demand and time both)] in government securities viz. T-Bills, Bonds etc which is called Statutory Liquidity Requirement. These securities are parked in an account maintained with the Central Bank which is called Subsidiary General Ledger. The main purpose of this account is the holding and trading of government securities. Why is holding separated from trading? B/c holding is the minimum requirement. Trading comes in case of Excess Securities which can be traded by the commercial banks. For example, if a commercial bank is carrying a short position, and has excess securities available, it will borrow from the interbank against security (called Repo)while comlying with the minimum requirement. This involves movement of SGLA (subsidiary General Ledger accounts). Entry will be as follows: Current Account (commercial bank) debit SGLA credit
How much capital does a bank need?
as much as they can get The legal requirement for capital is to have no less than 8% of a bank's risk-weighted assets. Assets are loans and reserves. So the amount of loans a bank may make has nothing to do with deposits but is a multiple of its amount of capital.
Who is the President of Commercial Banking for Capital One Bank?
The President of Commercial Banking for Capital One Bank is currently Michael C. Slocum who took over the position in September of 2011. His previous position was Executive Vice President.
