Which associated with the after are assets of commercial? banking institutions? I. Reserves. Ii. Loans. Iii. Deposits.
RECORDS TO YOUR RECORDS FOR THE 12 MONTHS ENDED JUNE 30, 2003
3. MONEY AND BANK BALANCES 3.1. RETURN ON THESE SAVINGS REPORTS IS ATTAINED AT RATES INCLUDING 2 percent TO 5 per cent
4. SHORT-TERM LOANS 4.1. These loans that are represent clients for a time period of as much as 12 months on mark-up basis as they are secured by means of lien on Certificates of Investment. The price of mark-up ranges from 14% to 21.5per cent per annum.
4.2. These generally include money market placements with different banking institutions along with other institutions that are financial. Return on these placements ranges from 5% to 13per cent.
5. ASSETS throughout the year that is current the business sold four federal federal government securities for Rs 182.288 million. The cost that is amortised of federal government securities ended up being Rs 159.394 million together with revenue in the disposal of those securities amounted to Rs 22.894 million.
The administration chose to offer these securities so that you can realise the gain arising on these securities beneath the interest rate environment that is reduced.
As at June 30, 2003 the staying investment associated with the business in federal government securities amounted to Rs 52.634 million.
This investment has been reclassified as ‘held for trading’ and it is calculated at reasonable value. An increase of Rs 12.946 million is credited towards the revenue and loss account in respect for this investment. There are not any assets that are financial as ‘held to maturity’ at June 30, 2003.
5.1. INFORMATION ON ASSETS IN SHARES/CERTIFICATES OF LISTED COMPANIES/MODARABAS 6. THE RETURN ON INDEXED TERM FINANCE CERTIFICATES RANGES FROM 12 percent TO 18 percent
7. IMPROVEMENTS, DEPOSITS, PREPAYMENTS ALONG WITH OTHER RECEIVABLES 7.1. […]