Question
Why are loans such a high percentage of total assets at the typical bank? What four broad classes of loans do banks engage in? Most
Why are loans such a high percentage of total assets at the typical bank? What four broad classes of loans do banks engage in? Most non-financial firms would never hold as much of their assets in safe liquid securities as banks do. Why do banks maintain such a high percentage of investment in securities?
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
5th edition
321280299, 321280296, 978-0321280299
