He supported a merger of the Progressive Conservative and Reform parties, favoured bank mergers, and said that the Bank of Canada should set up reserve banks that would leave one hundred per cent of their deposit liabilities with the central bank.
22.
Gross loans increased by 11.7 % funded mostly by the 15.5 % growth in deposit liabilities and increased capital which stood at P17.6 billion by the end of the first quarter 1998, or an improvement of 21.7 % over previous year's level.
23.
When a commercial bank loan is extended, new commercial bank money is created if the loan proceeds are issued in the form of an increase in a customer's demand deposit account ( that is, an increase in the bank's demand deposit liability owed to the customer ).
24.
KDIC collects a flat rate fee of 0.15 percent of all deposits from each member institution, adjustable at the discretion of KDIC . It also collects an additional fee based on the risk-adjusted percentage of their total deposit liabilities during the previous twelve months as calculated by KDIC.
25.
Because banks hold reserves in amounts that are less than the amounts of their deposit liabilities, and because the deposit liabilities are considered money in their own right, fractional-reserve banking permits the money supply to grow beyond the amount of the underlying base money originally created by the central bank.
26.
Because banks hold reserves in amounts that are less than the amounts of their deposit liabilities, and because the deposit liabilities are considered money in their own right, fractional-reserve banking permits the money supply to grow beyond the amount of the underlying base money originally created by the central bank.
27.
Both the permanent set-up of the bank of England Issue Department, and the emergency set-up of the Banking Department, are plans to strengthen reserves, one reserve being gold ( now Government paper ) behind the Bank s note liabilities, the other reserve being notes behind the Bank s deposit liabilities.
28.
"Orient Bank's total resourcesof P8 billion amount to less than one-third of 1 % of that of the entire banking system, while its deposit liabilities of P6.3 billion constitute less than half of 1 % of the system's total deposit liabilities as of Dec . 31, 1997, " the BSP said.
29.
"Orient Bank's total resourcesof P8 billion amount to less than one-third of 1 % of that of the entire banking system, while its deposit liabilities of P6.3 billion constitute less than half of 1 % of the system's total deposit liabilities as of Dec . 31, 1997, " the BSP said.
30.
For example, if a bank in the United States makes a loan to a customer by depositing the loan proceeds in that customer's checking account, the bank typically records this event by debiting an asset account on the bank's books ( called loans receivable or some similar name ) and credits the deposit liability or checking account of the customer on the bank's books.
