Essay Examples on Banking

Bitcoins and Other Cryptocurrency Regulations

Bitcoins and Other Cryptocurrency tumbled on Dec 28th, 2017 as South Korea and Australia and the UK are freezing Bank Accounts. Cryptocurrency Speculation has been heated up and there is an immediate need to regulate the cryptocurrency trading. Bitcoin the world s biggest and the best-known cryptocurrency has fallen about 28 from its highest record. Bank Accounts Vs Bitcoin. Traders The Bitcoin attraction towards the investors has been increasing from day to day due to the increase in the growth of the Bitcoins and other Altcoins. The growth is tremendous which is more than 200 within the last 6 months. The catch is when you buy those virtual currencies which is decentralized the banks are considering the transaction towards the Bitcoin and other Altcoin as anonymous. When you buy those virtual currencies through the debit card or through the direct bank account the transaction is marked as anonymous. As a result of it the bank does not allow any such transactions it immediately freezes their account without any notification. The history of the banks freezing the accounts due to the purchase of the Bitcoins has been happening from 2015 onwards. The UK's reputed Barclay Bank has shut down a student's account after his dealing with the Bitcoin the digital currency.

2 pages | 410 words

What is the DSCR Debt Service Coverage Ratio? Calculation.

What is the DSCR Debt Service Coverage Ratio? How is it calculated. And how real estate commercial loans or you refinance proposals are affected by it. Commercial real estate loan providers are always concerned about getting repaid the capital amount along with the interest and their service charges. However, they focus too much on the borrower’s ability to repay the loan within the agreed time. But this is not the only major factor as the financial well being of the borrower is not the only thing which indicates his ability to repay the loan. The strength of the property for which the funds are being borrowed usually becomes a bigger factor while analyzing the ability of the borrower to repay. For this purpose, they need to know the expected return on investment or ROI of the project or the real estate for which the funds are being borrowed. In simple words, the lender will be confident in giving a loan to any applicant for a property which will generate enough revenues to meet the principal amount payments and interest service charges To evaluate the ROI return on investment of the project the loan provider will focus on your DSCR Debt Service Coverage Ratio. Definition of Debt Service Coverage Ratio or DSCR Debt Service Coverage Ratio or DSCR typically refers to the amount of cash flow available to meet the annual interest service charges and the principal payments on debt.

2 pages | 480 words