Clarification Announcement

CBA bank sets record annual profit amid rising living costs and debt stress!

Australia's largest bank, CBA, announced record annual profits, with rising interest rates boosting bank profitability. However, factors such as increasing living costs and competition have forced the bank to sacrifice a portion of its profits.

The Concept, Function, Impact, and Calculation Methods of Accounting Ratios

Accounting ratios can assist investors, managers, and other stakeholders in understanding a company's financial condition, evaluating its operational performance, and comparing it with other businesses.

What is OTC trading? Differences from on-exchange trading? How do investors participate?

Over-the-counter (OTC) trading refers to transaction activities conducted outside centralized exchanges, where buyers and sellers transact directly with each other, instead of through a central exchange matching system.

Baggage Holder: Differences, Definitions, and Common Issues with Creditors

The term "bagholder" refers to a party that has assumed a certain obligation or responsibility in a transaction or agreement. This term is commonly used in the finance and legal fields, especially in matters relating to debt and contracts.

What is a Bank Guarantee? What do we need to know about Bank Guarantees?

A bank guarantee is a written commitment issued by a bank to pay a specified amount of money to the beneficiary under certain conditions.