Liabilities of Commercial banks
Liabilities are claims against the commercial bank, that is, what the bank owes to other banks and non-bank institutions. They include;
- Deposits of customers
- Deposits in the bank by other banks
- Money borrowed from the Central banks
- Capital contributed by shareholders (Paid up capital)
- Acceptances, receivables and guarantees on behalf of the customers
- Dividends payable to shareholders
- Reserve funds.
CATEGORIES Economics
TAGS Dr. Bbosa Science