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QUESTION THREE Adwoa Yankey is a neighbour and a childhood friend. She is a level 300 student of University of Professional Studies, Accra (UPSA). Adwoa
QUESTION THREE Adwoa Yankey is a neighbour and a childhood friend. She is a level 300 student of University of Professional Studies, Accra (UPSA). Adwoa is an Accounting Major student and as part of UPSA's professionalism requirement, she is supposed do internship. Fortunately for Adwoa, Fidelity Bank has agreed to give her the opportunity to do the internship with them subject to Adwoa's performance in an assignment she has been given. She will face a three-member panel after three days to present her work. The question given to Adwoa is "discuss the meaning of a Bank as a financial Institution. Adwoa knows a bank as a financial intermediary but she feels there is more to the meaning of a bank than just the financial intermediation role they play. Adwoa knows you to be a banking and Finance student and currently undertaking regulatory and Legal framework of financial institution. She has therefore come to you for help. Required Discuss the meaning of a bank 15 marks
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