Savers cannot know the true health of banks because

Question

Quizplus · Accepted Answer

Banks have access to private information about their loan portfolios, which are not disclosed to the public. This makes it difficult for savers to know the true health of a bank. Bank finance can be complex, but this is not the main reason why savers cannot know the true health of banks. Bank balance sheets may be confidential, but this is not the main reason why savers cannot know the true health of banks. Bank officials may be barred from divulging certain information, but there are other reasons why savers cannot know the true health of banks.

Savers Cannot Know the True Health of Banks Because