Risque & Capital - Fonctions du Capital
{"Image DocumentName": "Risque & Capital - Fonctions du Capital", "Image ImageDescription": "Afin de se prot\u00e9ger et de prot\u00e9ger ses clients contre une faillite, une banque doit d\u00e9tenir du CAPITAL: Offre une s\u00e9curit\u00e9 pour absorber les pertes. Prot\u00e8ge les \u00e9pargnants contre les pertes. Prot\u00e8ge les fonds d\u2019assurance et les contribuables. Offre un acc\u00e8s direct aux march\u00e9s financiers et prot\u00e8ge des probl\u00e8mes de liquidit\u00e9s => r\u00e9duit le risque de liquidit\u00e9. Favorise la croissance & limite la prise de risque. A bank\u2019s default will have a large impact on economy: Depositors will lose their money; Firms will lack sources of financing their investments. Provides a cushion for loss absorption - Capital is needed to allow a bank to cover any losses with its own funds. Protects depositors against losses. Protects the insurance funds & the tax-payers (Regulator view \u2013 cost of bailing out banks) Provides ready access to financial markets, guards against liquidity problems. Constrains growth & limits risk-taking. \u00b7 This particular function is apparent when a bank starts up, when money raised from subscribing shareholders is used to buy buildings, land and equipment. It is desirable to have permanent capital coverage for fixed assets. That means any additional investments in fixed assets should coincide with a capital rise. \u00b7 The capital adequacy ratio first set by the Basel Committee in 1988 represents the main limit, imposing minimum capital requirements against risk-weighted assets. Conclusion: Thus, bank capital plays a critical role in the safety and soundness of individual banks and the banking system as a whole. CERAM (c)", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}