Capital functions as a protection to a bank from all sorts of uninsured and unsecured risks that may ultimately turn into losses. This is where the two principal functions of capital are obtained which are:
To absorb losses
To build and maintain confidentiality in a bank. Therefore,capital is required to allow a bank to cover any losses using its own funds.
The expert did excellent work as usual and was extremely helpful for me.
"Assignmentexpert.com" has experienced experts and professional in the market. Thanks.
Comments