Banking Book

From Open Risk Manual
Revision as of 13:21, 25 October 2019 by Wiki admin (talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Definition

Banking Book is an informal term denoting the subset of a financial firm's Balance Sheet that is accounted for under illiquid bank asset specific accounting standards (for example IFRS 9 or CECL).