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Compute and interpret the total and detailed cost of funding of this bank. TABLE 3.1 - BANK (A) BALANCE SHEET All amounts in SG$ millian
Compute and interpret the total and detailed cost of funding of this bank.
TABLE 3.1 - BANK (A) BALANCE SHEET All amounts in SG\$ millian unless otherwise stated Liabilities \begin{tabular}{lrr} \hline Deposits and balances from customers & 501,959 & 464,850 \\ \hline Savingsoccounts & 221,908 & 195,802 \\ Current occounts & 159,453 & 142,029 \\ Fixed deposits & 113,731 & 123,583 \\ Other deposits & 6,867 & 3,436 \\ \hline Due to banks & 30,209 & 28,220 \\ Derivatives and ather liabilities & 38,985 & 4,978 \\ Subordinated term debts & 3,970 \\ Other debt securities & 52,570 & 628,277 \\ \hline \hline Total liabilities & 595,295 \\ \hline \end{tabular} Equity (Share of the Group only) \begin{tabular}{lrr} \hline Shareholders' funds & 57,526 & 54,626 \\ Non-controlling interests & 188 & 17 \\ \hline Total equity & 57,714 & 54,643 \\ \hline \end{tabular} Total assets Total assets 686,073 649,933 Interest expense Deposits and balances from customers Other borrowings Total interest expense \begin{tabular}{rr} 1,184 & 2,175 \\ 561 & 957 \\ 1,745 & 3,132 \\ \hline \end{tabular}Step by Step Solution
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