Which of the following most following most appropriately explains the concept of Wholesale Banking?
A. Provide payment services and deposit products to small businesses and low-income households
B. Provide liquidity to commercial banks, financial institutions and large corporates
C. Provide more than 50 % of its net loans to priority spectators
D. Merge loss making public sector banks to create a new wholesale bank
Answer:B
Which of the following most following most appropriately explains the concept of Wholesale Banking?
A. Provide payment services and deposit products to small businesses and low-income households B. Provide liquidity to commercial banks, financial institutions and large corporates C. Provide more than 50 % of its net loans to priority spectators D. Merge loss making public sector banks to create a new wholesale bank