What types of activities are normally classified as off balance sheet (OBS) activities a How does an OBS activity move onto the balance sheet as an asset or liability b What are the benefits of OBS activities to a bank c What are the risks of OBS activities to a bank ...

Offbalancesheet activities include the issuance of guarantees that may be called into play at a futu ...

What types of activities are normally classified as off-balance-sheet (OBS) activities? a. How does an OBS activity

Question:

What types of activities are normally classified as off-balance-sheet (OBS) activities?
a. How does an OBS activity move onto the as an asset or liability?
b. What are the benefits of OBS activities to a bank?
c. What are the risks of OBS activities to a bank?

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...