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5. Summary of Bank's Strategies
Effective from Apr 20 2025 - Aug 30 2021
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This section would be a major component of a bank's strategic and operational plans. It should include the following: | |
i. | The present financial position of the bank and expected changes to the current business profile, the environment in which it expects to operate, its projected business plans (by appropriate lines of business), projected financial position and cash flow positions, projected liquidity available and projected liquidity resource required based on future plans. |
ii. | The starting balance sheet, cash flow statement and the date over which the assessment was carried out. |
iii. | The projected balance sheet and cash flow statement (for at least one year horizon), which should clearly indicate the major lines of business which are going to be attested by the bank's strategic initiatives, environmental changes and assumption over the planning period and the impact on liquidity requirements by major lines of business. |