Question: As a result of strong liquidity position and its strategic direction, your bank's medium to long term credit rating maintained as A (single A) whereas

"As a result of strong liquidity position and its strategic direction, your bank's medium to long term credit rating maintained as A (single A) whereas its short term rating remained as A-1 (A-One) as issued by JCR-VIS Credit rating Agency. These long and short term ratings, respectively, denote the low credit risk due to the adequate credit quality with reasonable protection....."

The following is a statement in financial from president and CEO of Samba Bank on behalf of directors to Shareholders:

Required:

Explain in detail that how samba bank would have been able to achieve such high credit quality.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Question 3 (1 mark) For each of the following items, identify which of the management accounting guidelines applies: cost-benefit approach, behavioral and technical considerations, or different costs...

The following is a statement in financial from president and CEO of Samba Bank on behalf of directors to Shareholders: "As a result of strong liquidity position and its strategic direction, your...

I need someone that is very good at Principles of accounting and finance to answer the attached questions. It is not a one-day job therefore if you do not have the time, please don't attempt it. The...

Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...

Analyzing only the information below, would TD Bank be a good company to invest in or not? explain. 1.1. Summary of Financial Statements The Toronto-Dominion Bank, commonly known as TD Bank, is a...

i need help from section 3 part A I have already posted this and you asked me to post under advanced option Assignment Tier 1 Financial Planning (Tier1FPPA_AS_v1A3) Page 2 of 92 Student...

I need help with Section 4 part A please look at the case study Assignment Tier 1 Financial Planning (Tier1FPPA_AS_v1A3) Page 2 of 92 Student identification (student to complete) Please complete the...

Im having trouble with question 3 part A of the attached file. I know and understand her needs but im not sure if im filling out the table correctly ? Assignment Tier 1 Financial Planning...

VI. Ratio Analysis of Financial Statements Prepare a ratio analysis using ALL of the ratios learned in chapter 17 to analyze your company. You should calculate the ratios for two years to be able to...

Billy McMahon is interested in buying a waterfront vacation home and has saved $100,000 for the down payment. His plans call for making additional monthly deposits into an investment account over the...

Consider each of the following transactions. For each one, indicate whether it is a capital expenditure (C) or an expense in the current year (E). 1. Paid a consultant to advise on marketing strategy...

Given the following frequency distribution for n = 100:

A hula hoop and solid disc of equal radii are rolled, from rest and without slipping, down an incline plane. Which one will reach the bottom of the inclined plane first? Explain.

Hispanic ANES respondents were asked if they speak Spanish or English in the home. Does where their parents were born affect this? Run a crosstab to find out. After you create the crosstab, interpret...

Using ANES data, create a crosstab to address this question: Does age (in four categories) affect attitude toward marijuana legalization? After you create the crosstab, interpret your results in...

Here are the wiretapping index scores for the ANES unique group of white women smokers who claim to be in excellent health: 0, 1, 2, 3, 2, 1, 3, 0, 1, 4, 0, 0, 1, 0 Build a complete frequency...