Categories
Resources for Accountants

What is a Bad Bank and How it Works? [Video]

What is a Bad Bank and How it Works?

In this video, we discuss all about Bad Bank, how it works, and the pros and cons.

What is a Bad Bank?
All the toxic assets and NPA’s of a normal bank are passed on to a Bad bank. This helps the normal banks to focus on the main business.
Bad banks, after procuring these assets, try to recover the amount by using different recovering strategies to make a profit from them.

Advantages of Bad bank.
– Helps in dealing with toxic and bad loans.
– Reduces the burden of actual banks.
– Helps the banks to clear their balance sheets.
– Allows the banks to focus on the main business as it deals with toxic loans.

Disadvantages of mutual fun
– They charge a higher margin on bad loans.
– Bad banks do not take critical loans.
– May use unethical ways to procure the loans.
– Subjected to window dressing.

For more details, you can refer to our article – https://www.wallstreetmojo.com/bad-bank/

Connect with us!
YouTube ► https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw
LinkedIn ► https://www.linkedin.com/company/wallstreetmojo/
Facebook ► https://www.facebook.com/wallstreetmojo
Instagram ► https://www.instagram.com/wallstreetmojoofficial/
Twitter ► https://twitter.com/wallstreetmojo

Watch/Read More
  • Tags

Most Popular Posts Today

What is material to the financial statements? [Video]
►
Categories
Resources for Accountants

What is material to the financial statements? [Video]

Jenny will help you "close the GAAP" on what is material to the financial statements. Check out her quick video explanation here! If you are interested in learning more, explore our eLearning courses on our GAAP Dynamics Learning Library: Cybersecurity: Financial Reporting Issues and SEC Disclosures: https://www.gaapdynamics.com/product/cybersecurity-financial-reporting-issues-and-sec-disclosures/ Audit Planning and Materiality: https://revolution.gaapdynamics.com/learn/courses/546/audit-planning-and-materiality

Most Popular This Week

Accountant or Bookkeeper? Which Role Is Right for You [Video]
►
Categories
Resources for Accountants

Accountant or Bookkeeper? Which Role Is Right for You [Video]

Become a Controller; enroll in the Controller Academy 🚀 https://controller-academy.com/courses/controller-academy This video will be your ultimate guide on the differences But more importantly, I am gonna focus on how you can make high 6 figures with either of these 2 professions So here is our agenda: we'll take a look at the Job responsibilities of both the bookkeeper and the accountant We'll talk about the education requirements And then, I'll tell you How you can earn high 6 figures regardless of whether you chose to be a bookkeeper or an Accountant Time Stamps: 00:00 Intro 00:27 Agenda 00:46 1. Job Responsibilities 02:23 2. Education Requirements 04:07 3. How Accountants Make $100K plus 06:37 4. How Bookkeepers Make $100K plus ----------------------------------- Hang Out with me on social media: 📸 https://www.instagram.com/the_financial_controller/ 📱https://www.tiktok.com/@thefinancialcontroller https://www.linkedin.com/in/bill-hanna-cpa-7653a851/ DISCLAIMER: Links included in this description might be affiliate links. If you happen to purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week! All views expressed on my channel are mine alone. Not intended as financial or professional advice