Which of the following is not true?

A. Commercial banks do not have to pay attention to managing risks and monitoring the borrowers over the course of the loan.

B. Commercial banks process information about the borrowers and savers so as to channel funds from savers to those in need of funds.

C. Commercial banks will incur losses if it makes mistakes in processing information and lends money to those who could not pay up.

D. No firms in Hong Kong can use the word Bank in their company name unless they are authorized to do so by the Hong Kong Monetary Authority.