Difficult for depositors to know the true health of banks

Difficult for depositors to know the true health of banks

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Reference no: EM13331731

It is difficult for depositors to know the true health of banks because:

A) regulations prohibit this information from being made public.

B) most of the information on bank loans is private and based on sophisticated models.

C) the financial statements of banks are too difficult for most people to understand.

D) banking is competitive and financial records of banks are not divulged to prevent competitor banks from having an advantage.

Reference no: EM13331731

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