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Consider the following repricing buckets and gaps: What is the annualised change in the bank's future net interest income if the average rate change for assets and liabilities that can be repriced within one year is an increase of 100 basis points?
Bank Reconciliation
The process of matching and comparing figures from the accounting records against those shown on a bank statement to identify any discrepancies.
Depositor's Records
Documentation maintained by an individual or entity that tracks deposits made in a bank account.
Bank Statement
A monthly or periodic summary provided by a bank detailing all transactions in an account, including deposits, withdrawals, fees, and interest earned.
Receiving Report
A document prepared by the recipient of a delivery, detailing the goods received, their condition, and whether they match the quantities and specifications ordered.
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