The overall purpose of responsible' banks is to: O Transform deposits into loans O Make payments on behalf of clients from their accounts O Generate interest returns for customers O Help to develop sustainable economies and empower people
The overall purpose of responsible' banks is to: O Transform deposits into loans O Make payments on behalf of clients from their accounts O Generate interest returns for customers O Help to develop sustainable economies and empower people
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![The overall purpose of 'responsible' banks is to:
O Transform deposits into loans
O Make payments on behalf of clients from their accounts
O Generate interest returns for customers
O Help to develop sustainable economies and empower people](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6f1197e5-3e46-4863-8557-99168cde6b7a%2F4d05a8a4-e7af-4863-a6b6-93eacf6c4f34%2Fng6i99l_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The overall purpose of 'responsible' banks is to:
O Transform deposits into loans
O Make payments on behalf of clients from their accounts
O Generate interest returns for customers
O Help to develop sustainable economies and empower people
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