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Is there equity bank claims dept plc Nigeria?
I only know that there is an Equity Bank LTD. in Nigeria (Lagos). Regarding the Equity Bank PLC - have a look on their homepage and get your own impression if this is the style of a real bank: www.eqbank-nigplc.com
Does Wells Fargo own First Union Home Equity Bank?
No, Wells Fargo does not own First Union Home Equity Bank. First Union was a bank that merged with Wachovia in 2001, which was later acquired by Wells Fargo in 2008. However, First Union Home Equity Bank itself does not exist as a separate entity under Wells Fargo's ownership today.
If you own property that is worth 200000 but you owe the bank 13000 how much equity do you have in the property?
To calculate your equity in the property, subtract the amount you owe the bank from the property's value. In this case, you would take $200,000 (property value) minus $13,000 (amount owed) which equals $187,000. Therefore, you have $187,000 in equity in the property.
What if I have no mortgage payment and want to make improvements can I get my home equity?
You should be able to enter into a home equity loan, provided that you have sufficient equity in your home. If you own it free and clear, then you should have 100% equity. If this is true, then it should be a no-brainer for any bank, depending on your credit history. The best thing to do is contact your bank, or any local or national bank. Tell them you want a home equity loan. The bank will order an appraisal, which determines the value of the home. Let's pretend the appraisal comes in at $1,000,000; if you own 100% of the house and have no other loans which use the house as collateral, then you will have 100% equity in the house, or $1,000,000 in equity. Depending on the bank, you'll be able to access all or a portion of the equity. When you and the bank agree on the amount of equity (which in addition to your credit score will drive your interest rate), then you close on the loan, the bank forks over the cash, and you start making monthly payments. Equity loans are usually lines of credit, meaning you don't have to draw on the loan all at once, but can use it over time, like a credit card. I would not advise doing this at all; however, if you need the funds immediately, an equity line is a good way to turn your house into cash. Just be sure that you can repay the loan, or you'll end up owing the bank when you sell your house!
Where can one find some equity trust companies?
Equity trust companies can be found by contacting a bank or an independent financial advisor. Both would be able to suggest some that are suited to the someone's own situation.
What is the country that does not have central bank?
As of October 2023, the country without a central bank is Kosovo. Since its declaration of independence in 2008, Kosovo has used the euro as its de facto currency but does not have its own central banking authority. Instead, the Central Bank of the Republic of Kosovo operates as a regulatory body, but it does not issue currency.
Why is only the central bank that prints money?
Because central bank, reserve bank, or monetary authority is an institution that manages a nation's currency, money supply, and interest rates. it is the mother of all financial institution within the country it is the monetary policy maker. all country has its own central bank. yeah its true that the central bank prints money but only prints when there is a lot of gold reserve in the bank/
How could one obtain a credit equity home loan refinance?
One can obtain a credit equity home loan refinance by going to their local bank and finding out more information first. If one is not happy with their own bank's interest rates, then checking around would be a good option.
Under standard accounting rules it is possible for a company's liabilities to exceed its assets when this occurs the owners equity is negative Can this happen with market values why?
It can happen A: I don't think it can happen. let us see... equity = represents your ownership 80% equity = says that you own 80% of the business zero equity = you have no ownership negative equity = ??? Negative equity would just mean that you have no property plus you owe someone else which means its just another liability. So I think its not possible
How many central bank?
As of now, there are approximately 190 central banks around the world, with each country typically having its own central bank to manage monetary policy, regulate financial institutions, and maintain currency stability. Some regions, like the Eurozone, share a central bank (the European Central Bank) for multiple countries. Central banks play a crucial role in the global economy by influencing interest rates and controlling inflation.
What is mean by own funds of a bank?
"Own funds" of a bank refer to the capital that the bank has at its disposal, which includes equity capital, retained earnings, and other reserves. This capital acts as a financial cushion to absorb losses, support lending activities, and meet regulatory capital requirements. Own funds are crucial for maintaining the bank's solvency and stability, ensuring it can operate effectively and manage risks associated with its activities.
What is equity tax planning?
Tax you pay with regards to the equity you own
