I've come across a term called TRB balance and I'm not sure what it means. I've tried searching online but haven't found a clear explanation. Can someone please explain what TRB balance is?
6 answers
KDramaLegendaryStar
Fri Dec 06 2024
TRB, which stands for Total Relationship Balance, is a financial metric used to assess the average credit balance in Time Deposit accounts.
GeishaMelody
Fri Dec 06 2024
It is calculated by aggregating the daily credit balances over a specific period.
Starlight
Fri Dec 06 2024
This aggregated sum is then divided by the total number of days in that given period.
LucyStone
Fri Dec 06 2024
The resulting figure represents the average credit balance for the Time Deposit accounts during that period.
SamsungShiningStar
Thu Dec 05 2024
TRB is a crucial indicator for financial institutions to understand the health and stability of their customers' accounts.