i) Secondary Reserves ii) Capital Adequacy Ratio (CAR) iii) Primary Liquidity iv) Secondary liquidity v) Non-Performing loans vi) Income earning assets and non-income earning assets vii) Interest bearing liabilities and non-interest bearing liabilities viii) Asset quality ix) Interest Income x) Interest expense xi) Policy rate

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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QUESTION 19

In accordance with Ghana’s banking Act, explain the following and their respective benchmarks:

i) Secondary Reserves

ii) Capital Adequacy Ratio (CAR)

iii) Primary Liquidity

iv) Secondary liquidity

v) Non-Performing loans

vi) Income earning assets and non-income earning assets

vii) Interest bearing liabilities and non-interest bearing liabilities

viii) Asset quality

ix) Interest Income

x) Interest expense

xi) Policy rate

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