The company offers a range of deposit products, such as savings accounts, money market accounts, interest-bearing
and non-interest-bearing checking accounts, and certificates of deposits.
Haseko, which has been undergoing rehabilitation by receiving financial support from creditor banks, said it cut its consolidated interest-bearing
debts by 40.5% to 305.3 billion yen at the end of March from a year earlier as its creditor banks carried out a 150 billion yen debt-for-equity swap deal.
''It is dangerous to promote the project using interest-bearing
debt,'' Miyazawa told a regular press conference.
This increase in interest income was partially offset by an increase in interest expense due to increases in both the average costs and the average balances of our interest-bearing
deposits and borrowings in order to fund the additional loan growth when comparing the first quarters of 2018 and 2017.
Pending the use of any part of the net proceeds as mentioned, the company may invest these in interest-bearing
accounts and short-term interest-bearing
securities that are consistent with its qualification as a real estate investment trust.
The cost of interest-bearing
liabilities and non-interest-bearing demand deposits decreased by 24 basis points, to 0.66% from 0.90% for the third quarter of 2011, but this was offset by a decline in the yield on interest earning assets of 32 basis points, to 4.44% for the third quarter of 2012 from 4.76% for the 2011 third quarter.
1 into a construction company and a real estate company, to which it will transfer Hazama's nonperforming assets and a major part of its interest-bearing
The increase in total interest expense compared to the linked quarter was due primarily to an increase of $141.7 million, or 7.2%, in average interest-bearing
deposit balances as well as an increase in the cost of funds related to interest-bearing
deposits, which increased 10 bps during the first quarter to 1.59% from 1.49% for the fourth quarter 2017.
M2 EQUITYBITES-November 9, 2014--Huntington Bank launches interest-bearing
Non-interest-bearing demand deposits were USD43.5m, up from USD36.0m on 31 December, while interest-bearing
transaction accounts amounted to USD121.4m, up from USD95.2m at the end of 2011.
announced Tuesday a three-year management plan featuring a cut of 45 billion yen in interest-bearing
As interest rates continue to rise, the Company will continue to steadfastly manage the cost of its interest-bearing