Suppose you are the senior executive in credit department for BTY Bank. Alexa Reeb, the department...
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Suppose you are the senior executive in credit department for BTY Bank. Alexa Reeb, the department head, thinks that loan sales should be considered as "always a good choice" for any bank or financial institutions. Do you agree? Please explain potential disadvantages that BTY Bank might face from loan sales. [4 marks] Suppose you are the senior executive in credit department for BTY Bank. Alexa Reeb, the department head, thinks that loan sales should be considered as "always a good choice" for any bank or financial institutions. Do you agree? Please explain potential disadvantages that BTY Bank might face from loan sales. [4 marks]
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Loan sales involve selling a banks existing loans to another financial institution or an investor Th... View the full answer
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Auditing and Assurance Services Understanding the Integrated Audit
ISBN: 978-0471726340
1st edition
Authors: Karen L. Hooks
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