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5. What is the difference between Open-end Credit and Close-end Credit? Give the examples and...

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Finance

5. What is the difference between Open-end Credit and Close-end Credit? Give the examples and application for these credit methods. In your opinion, how many credit cards are too many? Explain your reasoning.

6. How do loans affect a banks income? Why is liquidity risk considerable inportance to a banks loan policy? According to Vietnamese Law on credit institutions, can commercial banks use short-term deposits for long-term loans?

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