A minimum cash balance required by a bank is called?

Category: Bank, Banking, Money
Last Updated: 25 May 2023
Pages: 1 Views: 697

A minimum cash balance required by a bank is called a compensating balance.

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Also, a compensating balance is used to offset the amount of money brought upon by the bank to make a business loan

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A minimum cash balance required by a bank is called?. (2018, Jan 21). Retrieved from https://phdessay.com/a-minimum-cash-balance-required-by-a-bank-is-called/

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