tailieunhanh - Commercial Bank

A secured loan is a loan in which the borrower pledges some asset (. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral — in the event that the borrower defaults, the creditor takes possession of the asset used as collateral and may sell it to regain some or all of the amount originally lent to the borrower, for example, foreclosure of a home. | COMMERCIAL BANKS 8 1 2011 B01012 - Commercial banks 1 1. Definition Commercial banks are in the business of providing banking services to individuals small businesses and large organizations. While the banking sector has been consolidating it is worth noting that far more people are employed in the commercial banking sector than any other part of the financial services industry. 8 1 2011 B01012 - Commercial banks 2 2. The balance sheet of commercial banks Total bank assets Total bank liabilities bank capital bank assets are the uses for bank funds - They include reserves securities and loans. - Over the years securities have become less important and mortgages more important as a use for bank funds. 8 1 2011 B01012 - Commercial banks