Which off-balance-sheet business for a bank refers to

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Question 1: Off-balance-sheet business for a bank refers to:

Select one:

a. A bank's contingent liabilities.
b. Transactions recorded on the previous balance sheet.
c. Assets that will appear on the forthcoming balance sheet.
d. A bank's income.

Question 1: When a financial intermediary collects together deposits and lends them out as loans to companies, it is engaging in:

Select one:

a. Credit transformation.
b. Asset transformation.
c. Liability management.
d. Liquidity management.

Reference no: EM132622227

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