Undisclosed Reserves
Undisclosed reserves are not common, but are accepted by some regulators where a bank has made a profit but this has not appeared in normal retained profits or in general reserves of the bank. They must be accepted by the bank's supervisory authorities. Many countries do not accept this as an accounting concept or a legitimate form of capital.
Read more about this topic: Tier 2 Capital
Famous quotes containing the word reserves:
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