What does a high capital adequacy ratio mean?
The capital adequacy ratio (CAR) is a key measure of a bank’s financial health. It’s sometimes referred to as the capital-to-risk weighted assets ratio. Essentially, it assesses a bank’s capital …
Banking
Annual Percentage Rate (APR): What does it mean and how it works
What is Annual Percentage Rate (APR)? The annual percentage rate (APR) is a fundamental financial concept that tells you the true cost of borrowing money or the potential return on …