حسابات للذكر
English translation: Off-balance sheet items
| 07:17 Nov 10, 2010 |
| Arabic to English translations [PRO] Bus/Financial - Accounting | |||||
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|  Selected response from: Nesrin United Kingdom Local time: 03:21 | ||||
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| 4 +4 | Off-balance sheet items |
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Answers
2 hrs confidence: 
peer agreement (net): +4
peer agreement (net): +4Off-balance sheet items Explanation: (this is a corrected version of my previous answer!) In this financial statement by the Syrian-Commercial Development Bank, the Arabic حسابات للذكر / خارج الميزانية is rendered in English as "Off-balance shrrt items" (shrrt typo for sheet), which, I realise, is the term for حسابات خارج الميزانية but it seems to be one and the same thing. Arabic page: http://www.slcb.com.lb/Arabic/financial-statement.html English page: http://www.slcb.com.lb/financial-statement.html Off-balance sheet items: Obligations that are contingent liabilities of a bank, and thus do not appear on its balance sheet. In general, off-balance sheet items include the following: direct credit substitutes in which a bank substitutes its own credit for a third party, including standby letters of credit; irrevocable letters of credit that guarantee repayment of commercial paper or tax-exempt securities; risk participations in bankers' acceptances; sale and repurchase agreements; and asset sales with recourse against the seller; interest rate swaps; interest rate options and currency options, and so on. http://www.answers.com/topic/off-balance-sheet-items -------------------------------------------------- Note added at 2 hrs (2010-11-10 09:50:54 GMT) -------------------------------------------------- As in my first answer, I managed to mis-write the Bank's name!!! Of course it's Syrian-Lebanese Commercial Bank! |
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