Question
Liquidity risk; 1. Attached the quarterly deposits for two types of banks since 2013 namely: a. AMMB Holdings Bhd The average net deposit drain on
Liquidity risk;
1. Attached the quarterly deposits for two types of banks since 2013 namely:
a. AMMB Holdings Bhd
The average net deposit drain on AMMB holdings is 16%, with a standard deviation of 36%. The bank is increasing because they added more core deposits to the bank than are being withdrawn. The average rate of deposit growth is 16%
b. Bank Islam Malaysia Bhd.
For Bank Islam Malaysia holdings, the expected increase in net deposit size for the third quarter of 2023 is 12% and standard deviation is 23%. The bank is increasing because they added more core deposits to the bank than are being withdrawn
Assuming normal distribution and 95% confidence level, what is the expected increase or decrease in the deposit size for the third quarter 2023? PLEASE PROVIDE THIS ANSWER QUICKLY !
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started