What is the nature of an off-balance-sheet activity? How does a bank benefit from such activities?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
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ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter17: The Management Of Cash And Marketable Securities
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a. What is the nature of an off-balance-sheet activity? How does a bank benefit from such activities?

b. Evaluate the importance of bank liquidity risk management. 

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