
Explanation:
Loan-to-deposit (LTD) ratio =
$85% = \frac{x}{599,774}$
Increment = $509,807 - 480,122 = 29,685$
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Q.4059 The following is an excerpt from Bright Bank’s Deposit Tracker from End of the year 2018 to July 2019.
| Deposit tracker | Month-end actuals 31/12/2018 | Month-end actuals 31/01/2019 | Month-end Forecasts 31/05/2019 | Month-end Forecasts 30/06/2019 |
|---|---|---|---|---|
| Total customer deposits | 612,152 | 423,804 | 651,112 | 599,774 |
| Total customer loans | 547,478 | 373,381 | 520,829 | 480,122 |
How much does the bank need to increase its total customer loans by to meet its targeted loan-to-deposit ratio of 85% on 30/06/2019?
A
22445
B
29685
C
31587
D
33465
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