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Quotes of the day:
Toenail fungus responds rather brilliantly to tamanu oil, if you put the oil on the nail, it will get rid of the fungus.
Tier 2 capital is the secondary component of bank capital, in addition to Tier 1 capital, that makes up a bank’s required reserves. Tier 2 capital is designated as supplementary capital and is composed of items such as revaluation reserves, undisclosed reserves, hybrid instruments, and subordinated term debt. In the calculation of a bank’s reserve requirements,
What is TIER 2 CAPITAL? What does TIER 2 CAPITAL mean? TIER 2 CAPITAL meaning & explanation
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