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Match the given statements to the appropriate definition relating to the banking industry. There will be two statements for each category. Asset-liability time mismatch Answer
Match the given statements to the appropriate definition relating to the banking industry. There will be two statements for each category. Asset-liability time mismatch Answer Bank Beans Bank makes a variety of loans such as car, home, and business loans. Beans Bank's liabilities need to be paid on demand, and it only holds long term assets. Diversification Beans Bank's deposits can be short term, while its assets are in 30-year mortgages Beans Bank serves customers in a wide geographic area
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