This section is from the book "Canadian Banking Practice", by John T. P. Knight.
This section is from the "" book, by .
Question 619. - Why does a bank like firms to clear up their loans annually when said firms are showing a regular increase in their net surplus?
Answer. - Annual liquidation of liabilities not only demonstrates to a bank its customers' ability to pay, but also obviates the locking up, in fixed or dead loans, of banking capital, which should always be kept turning over and as liquid as possible.
 
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