Definition of Other Real Estate Owned (#OREO) Assets in the Balance sheet under Bank / Regulatory Accounting. #ChartAcc

Thursday, February 27, 2014

ChartAcc.com - OREO assets are the ones owned by a bank that is not directly related to banking business. These are considered as non-earning assets for purposes of Bank / Regulatory accounting.

OREO is collateral against the loan given which is owned due to default default by borrower. 
These are generally classified as Available For Sale (AFS). 
Growth in OREO indicates deteriorating credit for the bank with growing non-earning assets.

ChartAcc Sharespace for Chartered Accountats by Vikrmn CA Vikam Verma
ChartAcc.com 

Stay connected to ChartAcc, a professional ShareSpace.
Visit http://www.ChartAcc.com
Posted by Vikrmn: Author of "10 Alone" (CA Vikram Verma) 10Alone.com

0 comments:

ChartAcc Logo by Vikrmn CA Vikram Verma Vikrmn.com
CHARTACC
Share space for Chartered Accountants
and Financial Professionals

Novel by a Chartered Accountant

10 Alone

A novel by Vikrmn (CA Vikram Verma)

a saga of 10 friends.. 10 Dreams.. 10 hearts.. 10 Minds..

It's a story of 10 Chartered Accountants.. who celebrate personal and professional life.. all together.. Ten Together..

www.10Alone.com | www.Vikrmn.com