While a loan is a liability for the borrower, it is an asset for the bank, for the lender. This asset includes loans to consumers (home loans, personal loans, automobile loans, credit card loans) and businesses (real estate development loans, capital investment loans). Reserves: The third asset category is reserves.
An Individual Taxpayer Identification Number (ITIN) is a United States tax processing number issued by the Internal Revenue Service. It is a nine-digit number that begins with the number 9 and generally has a range of 70 to 99 (excluding 89 and 93) in the fourth and fifth digit, example 9XX-70-XXXX or 9XX-99-XXXX.
The key difference between ITIN and SSN is that SSN (Social Security number) is a nine digit number in the United States issued for U.S. citizens, permanent residents, and temporary working residents whereas ITIN is a unique nine digit identifier assigned to foreign nationals and individuals, who are not qualified for a Social Security Number, for tax collection purposes.