Their assets (loans) and liabilities (customer deposits and borrowings) must be marked to market (values) quarterly, and thus book value becomes a useful metric.
Source: Svenska Handelsbanken and How to Use Book Value August 20, 2020
Their assets (loans) and liabilities (customer deposits and borrowings) must be marked to market (values) quarterly, and thus book value becomes a useful metric.
Source: Svenska Handelsbanken and How to Use Book Value August 20, 2020
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