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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Bank Contingency Financing: Risks, Rewards, and Opportunities

Bank Contingency Financing: Risks, Rewards, and Opportunities

Hardcover

Accounting

ISBN10: 0471608947
ISBN13: 9780471608943
Publisher: John Wiley & Sons, Inc.
Published: Jul 6 1990
Pages: 240
Weight: 1.12
Height: 0.86 Width: 6.31 Depth: 9.37
Language: English
Contingency items - also called off-balance sheep items - are agreements made by banks in which, for a fee, the bank undertakes to act as an intermediary, guaranteeing a specific transaction between other parties. In recent years, banks have greatly increased their reliance on contingency financing. Zamora explains the various types of contingency financing, including swap transactions, forward rate agreements, bankers' acceptances and standby letters of credit, and shows bankers how to minimize their risk and maximize their profit potential when dealing in these new markets. The text has been aimed at bank financial officers and other banking professionals, corporate financial officers, business school lecturers, and banking students.

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Accounting