The effect will be to limit real estate lending to loans for the actual construction or purchase of buildings and other capital improvements, i.e.,
for tangible capital formation.
Not exact matches
The details of the
capital requirements under Basel III are complicated, but generally speaking, deposit - taking institutions such as Canada's banks will have to maintain
tangible common equity, which includes things like cash, equal to 4.5 % of their assets plus an additional buffer of 2.5 %,
for a total of 7 %.
So we hired a computer analyst that could help us you know mine through data and we came up with some very simple metrics
for good, you know, what's a good business, and if you read through Buffett's letters, it's very clear, he is looking
for businesses that earn high returns on
tangible capital.
And if you read through Buffett's letters it's very clear that is looking
for businesses that are in high returns on
tangible capital and I described that is every business needs working
capital, every business needs fixed assets, how well does it convert its working
capital and fixed assets into earnings?
Since the financial crisis, regulators have intensely focused on
capital and now require higher levels
for all financial institutions; increasing our
capital and
capital distribution is a
tangible sign of our financial strength.
If our asset and liability values are appropriate — and we believe they are — and if we can continue to deploy this
capital profitably, we now think that it can earn approximately 17 % return on
tangible equity
for the foreseeable future.
Manufacturers» new orders
for non-defense
capital goods (
tangible assets such as buildings, equipment, and machinery), excluding aircraft, fell
for the second consecutive month in January.
Tangible capital asset programs are in place
for municipalities
for exactly this reason.
This
tangible cultural
capital will be an enormously positive asset
for the social and economic recovery of the region.
Investors these days are looking
for tangible assets that are less volatile than the stock market, but which also provide yield and
capital appreciation.