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igor_vitrenko [27]
3 years ago
11

A bank is legally required to hold a fraction of its ________ as ________. deposits; required reserves deposits; excess reserves

loans; excess reserves loans; required reserves
Business
1 answer:
GaryK [48]3 years ago
5 0
<span>A bank is legally required to hold a fraction of its deposits as required reserves. These regulations are a requirement and set by most banks around the world. They set minimum amounts that must be held all the type to serve as a reserve in case of an </span>emergency. 
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Explanation:

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