Credit unions are Group of answer choices not providers of insured deposits. mutual associations. available to the general public. mortgage lenders. special commercial lenders. \
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- A credit union is an example of: Select one: a. an Authorised Depository Institution (ADI). b. a Unit Trust. c. a Contractual Savings Institution. d. a Finance Company.Customer loans are classified on a Depository Institution (DI)'s balance sheet as Select one: A. liabilities, because the customer may default on the loan. B. assets, because the DI earns servicing fees on the loan. C. assets, because the DI's major asset is its client base. D. assets, because DIs originate and monitor loan portfolios. E. liabilities, because the DI must transfer funds to the borrower at the initiation of the loan.When a financial institution is a mutual association, it means that it is owned by the Group of answer choices local government. borrowers. management. depositors. creditors.
- Which thrift institutions are cooperatively owned by their customers? A. Commercial paper funds B. Credit unions C. Mutual banks D. Savings and loansWhat is considered the most important and significant financial intermediry in our financial system? Give some services offered by a universal bank. Describe the nature of operations of insurance companies.Investigate the procedures in your financial institution in granting credit cards and the possible benefits and drawbacks to the institution.
- Investigate the procedures in your financial institution or a bank of your choice, in granting credit cards and the possible benefits and drawbacks to the institution of this instrument.Loan structuring is the process of designing a loan to satisfy the financing demands of a business borrower. At the same time, it tries to protect the lender against losses caused by the borrower's refusal to repay the debt, as well as the interest and fees associated with it. Determine the process of credit facilities structuring that takes place in the bank.a. Identify the necessary procedures a bank has to follow in taking a legal mortgage over life policy when a customer applied for a loan. b. In case the customer defaults in repaying the loan, what are the various options available for the realization of the life policy by the bank.
- The ANZ Bank is an example of a: Select one: a. an Authorised Depository Institution. b. a Unit Trust c. a Finance Company d. a Contractual Savings Institution.Which of the following roles is considered a main objective of credit rating agencies? a. Granting loans to borrowers b. Lessen information asymmetry. c. Underwriting securities d. Receiving investments from capitalists. e. Taking deposits from saversList the ways in whichbanks deal with creditrisk
