As a deposit which focuses on wholesale banking, China-Korea Bank grew its business during the past 12 months and earned a substantial profit. As a retail liability manager, my duty is to forecast regular admit deposits, position consumer and credit card loans and evaluate decisions on service charges that fall regular implore deposits in order to run a profit able-bodied bank. In the past financial year, C-K Bank had unchangeable regular demand deposits and has generated profits from those deposits that made the bank more than competitive. A performance everyplaceview of retail liability management leave alone be given in the following sections.
Overview
Regular demand deposits are a significant portion of the banks liabilities; it represents the major sources of funds which bank uses to make loans or some other investments to generate profits. Therefore, maintaining substantial regular demand deposits is extremely important.
In the past financial year, our bank had a relatively inactive amount of regular demand deposits. Regular checking accounts provided one of the to the lowest degree expensive sources of funds which enhance our banks profits. notwithstanding unfortunately, regular demand deposits tend to decrease quarter over quarter, reduced from 386.0 million dollars to 343.9 million dollars, decreased by 42.
1 millions (Table 1). This manner our bank was losing customers. However, our bank still managed to maintain a competent amount of deposits to meet the needs of loans and other investment activities. serve well charge is another source of income generate from regular demand deposits, the net service charge income of 1st quarter was 2.269 millions, 2.248 millions in the 2nd quarter, 1.842 millions in the 3rd quarter and 2.048 in the outlast quarter (Table 2). Through regular demand deposits, our bank was able to operate efficiently and profitably.
Table 1
Regular Demand Deposits
quarter3.23.33.44.1
Million Dollars386.0377.8358.1343.9
Figure1
Table 2...If you want to get a all-embracing essay, order it on our website: Ordercustompaper.com
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