PRE-PROVISION OPERATING PROFIT - PPOP
It refers to the amount of income a bank earns in a given period of time, before taking into account funds set aside to provide for future bad debts. The PPOP will be reduced once the bank deducts the dollar amount of bad debt provisions it determines need to be set aside to cover expected loan defaults, but this is not a cash outflow for the bank. The PPOP simply provides a reasonable estimate as to what the bank expects to have left for operating profit once it eventually incurs cash outflows due to defaulted loans.
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Borrowing Base
Money a lender will loan to a company. The borrowing base is usually determined by a method called margining, where the lender determines a discoun ...
Swaziland Lilangeni
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Deposit/Withdrawal At Custodian - DWAC
A method of electronically transferring new shares or paper share certificates from the Depository Trust Company (DTC), which acts as a clearinghou ...
Economic Stimulus
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Tertiary Industry Index | Apr | |
| 08:00 | Wholesale Price Index | May | |
| 08:30 | Producer & Import Prices | May | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:00 | Trade Balance | Apr | |
| 11:00 | Current Account (sa) | Apr | |
| 11:00 | Industrial Production | Apr | |
| 14:15 | Housing Starts | May | |
| 14:30 | NY Fed Empire State manufacturing index | Jun |
