Banking

Recent Posts For Banking

Banker’s Draft: A Secure Payment Method

A banker's draft is a payment method guaranteed by a bank, ensuring…

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Annual Equivalent Rate (AER)

The AER shows the true return on savings or investment accounts, including…

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Tangible Common Equity Ratio

Measures a financial institution's tangible common equity relative to its risk-weighted assets.…

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Special Liquidity Scheme

A special liquidity scheme is a financial arrangement designed to inject temporary…

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Savings Account

A savings account is a bank deposit account that allows you to…

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Overdraft

An overdraft occurs when a bank allows a customer to withdraw more…

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Libor Rate: Understanding the Benchmark Interest Rate

The London Interbank Offered Rate (Libor) was a key benchmark interest rate…

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Joint Account

A joint account is a bank account held by two or more…

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Current Account

A current account is a type of bank account that allows for…

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Capital Ratios – Tier 1 and Tier 2 Explained

Understand Tier 1 and Tier 2 capital ratios, crucial metrics for assessing…

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