One of the unique problems that banks face is: A. they hold illiquid assets to meet liquid liabilities. B. they hold liquid asse

Question

3 years ago

13

ts to meet liquid liabilities. C. they hold liquid assets to meet illiquid liabilities. D. both their assets and their liabilities are illiquid.

1 answer:

neonofarm [45] · Answer 1 · 2022-05-01T20:41:54+03:00

Answer:

B. they hold liquid assets to meet liquid liabilities.

Explanation:

As the banks are the credit institutions that need to have a digital transformation that thrives in the current markets.

And banks have to deal with the customer retention and increasing competition and apart from that, they have to hold a liquid asset as to meet the liquid liabilities are some of the unique issues that are associated with the banking system.