SAMPLE BANK LTD investing POLICY Revised January 1, 2005 TABLE OF CONTENTS 1. image1 2. investing Objectives1 2.1Safety1 2.1.1Credit Risk2 2.1.2Interest set Risk2 2.1.3Currency Risk2 2.1.4Sovereign Risk2 2.2 liquid3 2.3Yield3 3. Standards of Care4 3.1Prudence4 3.2Ethics & Conflicts of Interest4 3.3 deputation of Authority5 3.4Checks & Balances5 4. enthronization Transactions6 4.1Internal Controls6 4.2Authorized financial Dealers and Institutions6 4.3Eligible investiture7 4.4Investment Restrictions and Prohibited Transactions9 5. Investment Parameters9 5.1Portfolio Diversification9 5.2Maturity Limitations11 5.3Portfolio Management11 6. Performance Review and describe12 7. accede keeping and Safekeeping13 8. Policy Considerations13 8.1Exception13 8.2 modification14 8.3Adoption14 9. describe of Attachments14 1. Scope This policy applies to the investment of exclusively run funds of the seek affirm Ltd. It does not palm the supply Pension Fund.
The exemplar brim Ltd, hereinafter referred to as the buzzword, obtains its funding in the main through the acceptance of a bod of deposits, and to a lesser extent through subordinated debt. It tar startles loans up to a maximum of 75% of total funds. Article 33(4) of the substitution Bank Agreement requires that the Bank should offer a nominal gold reserve, comprising ECD notes and coins and balance with the ECCB, of half-dozen percent (6%) of total deposits (excluding inter-bank deposits). only be funds leave alone be invested in a diversity of ways to increase investment earnings. The investment portfolio pass on be managed by the foreland Financial Officer, or early(a) officer appointed by the Board to act as Investment Officer, who will turn over to invest with the judgement and assist that responsible individuals would exercise in the execution of their own affairs, to maintain the prophylactic of...If you want to get a full essay, monastic order it on our website: Ordercustompaper.com
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