Search: solvency
RBA Glossary definition for solvency
solvency – The capacity of an entity to meet its financial obligations as they fall due. Solvency may be expressed as maintaining positive net-tangible assets.
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Some Other Prudential Supervision Issues | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
Nevertheless, the fact remained that the Australian authorities could not accept responsibility for the solvency of a foreign bank which operated in Australia through a branch.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/some-other-prudential-supervision-issues.html