The “Anywhere Banking” through Core Banking Systems, “Anytime Banking” through new, 24/7/365 delivery channels such as Automated  4  BIS Review 96/2009  Teller Machines (ATMs), and Net and Mobile Banking, etc. are also increasingly becoming an integral part of the services provided by the UCBs.
However, securities that are intended to be held until maturity are reported at amortized cost with no change in fair value recognized in earnings unless permanent impairment has occurred. Loans that are held-for-sale are separately reported on the balance sheet and recorded at LOCOM, while loans that a bank intends to hold for the long-term are reported at amortized cost.