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Bank Profitability: Decoding the Income Statement

Tom Spencer

The interest rate set by the central bank serves as a benchmark or reference rate for banks. It reflects the bank’s assessment of potential losses it may incur and its commitment to maintaining a strong balance sheet. Indirect tax refers to taxes imposed based on the consumption, sale, or use of goods and services.

Banking 88
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Reflections on 2013; What's Important, What's Not? What's Ahead?

MishTalk

Had I suggested in 2007 that the Fed balance sheet expansion of $75 billion a month would have been considered "tightening" people would have thought I was nuts. 96 Percent of Spaniards Believe Political Corruption is "Very High" Downturn Lingers House prices continued their decline, new lending declined retail sales declined.