Tuesday, June 10, 2014

Structure of bank assets in Latvia

Structure of bank assets as of Q1 2014 in Latvia (source)
Loans - 53.4%
Due from credit institutions - 21.4%
Securities - 13.8%
Cash and deposits with the Bank of Latvia - 8.7%
Fixed assets and intangible assets - 0.6%
Other assets - 2.1%

Loans
In finance, a loan is a debt provided by one entity (organization or individual) to another entity at an interest rate, and evidenced by a note which specifies, among other things, the principal amount, interest rate, and date of repayment.

Securities
A security is a tradable financial asset of any kind.
Securities categorization:

  • debt securities, (e.g., banknotes, bonds and debentures)
  • equity securities, (e.g., common stocks)
  • derivative securities, (e.g., forwards, futures, options and swaps).
Fixed assets
Fixed assets, also known as "tangible assets" or property, plant, and equipment (PP&E), is a term used in accounting for assets and property that cannot easily be converted into cash.

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