Balance Sheet of Bank - explained with example
Balance Sheet of Bank differ slightly from traditional companies. There are three main parts to a balance sheet: Assets, Liabilities and Equity. For most banks, loans to customers are the most common type of asset on their balance sheet. Deposits from customers are usually the most common liability. Finally, banks have equity. Equity is the difference between a bank’s assets and its liabilities and represents the shareholder's stake in the business. You can learn more about your bank’s balance sheet by looking at actual balance sheet.