The cost of interest-bearing liabilities for the second quarter was 23 basis points, and total cost of funds including noninterest-bearing deposits was 16 basis points.
This news release also contains the term "net debt", which represent current assets less current liabilities, excluding current derivative financial instruments.
Most nations have institutionalised a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities.
A general ledger contains all the accounts for recording transactions relating to a company's assets, liabilities, owners' equity, revenue, and expenses.
