You are part of a risk management SG team, which comprises 4 to 5 members, in IIT
Question:
You are part of a risk management SG team, which comprises 4 to 5 members, in IIT Bank, a global bank headquartered in the United States. IIT Bank plans to apply for a full banking license to operate in Singapore.
Corporate & Small Medium Enterprise (SME) Banking
Business deposit accounts: Let customers enjoy the benefits and convenience of managing their cash with IIT Bank, including savings, current & fixed deposit accounts in different currencies
Personal Banking
Personal deposit accounts - including both Singapore dollar and foreign currencies savings, current and fixed deposit accounts.
Based on the personal deposit accounts and business deposits accounts in personal banking and Corporate & Small Medium Enterprise (SME) Banking, what are the sources of liquidity risk that IIT bank will face
Expert Answer:
As IIT Bank plans to offer personal deposit accounts and business deposit accounts there are several ... View the full answer
