a) The internal records of the bank are very important sources of information to identify problem...

70.2K

Verified Solution

Question

Finance

a) The internal records of the bank are very important sourcesof information to identify problem accounts. What aspects in theinternal records may indicate that the financial position of acustomer is deteriorating?
b) What alternatives should a banker consider when dealing withhigh risk/problematic accounts?

Answer & Explanation Solved by verified expert

4.2 Ratings (745 Votes)

a Aspects to be considered to understand the financial position of a customer Cash position of the customer The cash position of the customer is very important to analyze the financial position of the customer If a customers financial position is deteriorating it means he may not See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member

Transcribed Image Text

a) The internal records of the bank are very important sourcesof information to identify problem accounts. What aspects in theinternal records may indicate that the financial position of acustomer is deteriorating?b) What alternatives should a banker consider when dealing withhigh risk/problematic accounts?