QUOTE(Jasoncat @ May 23 2015, 10:32 PM)
Nope. The BR framework is not to let people know how much banks earn from the consumer. It promotes transparency and better reflects the transmission of monetary policy changes.
BR comprises 2 major components - the benchmark cost of funds and the statutory reserve rate.
The spread comprises not only the profit elements but the overhead charges, the liquidity premium and the credit cost.
why are you contradicting yourselves? not to let people know and promotes transparency?BR comprises 2 major components - the benchmark cost of funds and the statutory reserve rate.
The spread comprises not only the profit elements but the overhead charges, the liquidity premium and the credit cost.
May 30 2015, 11:40 PM

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