government loans to banks at subsidised rates

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August 31, 2022 at 7:02 pm #664780
myk673
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If a government lends money to financial institutions at rates below prevailing market rates. How to account for the benefit received by these financial institutions?
September 1, 2022 at 7:55 pm #664896
P2-D2
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Hi,

You wouldn’t see this scenario in the exam, so I’d not worry about it. I think that you’d find it isn’t anywhere near as complicated as you would think. Look up IAS 20 and you should find your answer.

Thanks
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