Question: What are off - balance sheet ( OBS ) transactions? How does a financial institution benefit from OBS activities? Explain how credit risk can arise

What are off-balance sheet (OBS) transactions? How does a financial institution benefit
from OBS activities? Explain how credit risk can arise from off-balance sheet exposures.
[7 marks]
 What are off-balance sheet (OBS) transactions? How does a financial institution

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