Question
Consider the following Balance Sheet for OPtiFin Commercial Bank (in millions) ASSETS LIABILITIES Floating rate mortgages 100 Demand deposits 120 (currently 12% annually) (currently 3%
Consider the following Balance Sheet for OPtiFin Commercial Bank (in millions)
| ASSETS |
|
| LIABILITIES |
|
| Floating rate mortgages | 100 |
| Demand deposits | 120 |
| (currently 12% annually) |
|
| (currently 3% annually) |
|
| 30 years fixed rate loans |
|
| 1 year CD | 30 |
| (currently 7% annually) | 70 |
| (currently 6% annually) |
|
|
|
|
| Equity | 20 |
|
|
|
|
|
|
|
| 170 |
|
| 170 |
2 Provide a critical analysis and discussion on how the recent credit crunch (2007/2009) has affected the strategy of banks and the management of liquidity. (6marks). Support your views with at least three scholarly articles, journals or other credible sources At least 500 words
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Financial Management In The Sport Industry
Authors: Matthew T. Brown, Daniel A. Rascher, Mark S. Nagel, Chad D. McEvoy
3rd Edition
0367321211, 978-0367321215
