Question
You are given the following information related to LG issued by Arab Bank/center Amount of LG Issuance date Restricted deposits Fees $10,000 1/4/2018 %30 %2
You are given the following information related to LG issued by Arab Bank/center
| Amount of LG | Issuance date | Restricted deposits | Fees |
| $10,000 | 1/4/2018 | %30 | %2 |
On 1/9/2018, at maturity of the LG, Al_Manar company asked the bank to increase the amount of LG by $5000 and to extend the maturity of the LG to mature on 1/10/2018 ( other expenses .002 )
Record the entry of deductions on 1/9/2018
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Bank Strategy, Governance And Ratings
Authors: P. Molyneux
3rd Edition
0230313345, 9780230313347
