Which of the following statements is NOT correct? Building societies:
A) have the opportunity to transform into banks.
B) have merged among themselves to face increased competition.
C) have decreased in number.
D) have kept the same line of products since their creation.
Correct Answer:
Verified
Q18: Depositors in credit unions may have been
Q19: Debt consolidation companies are firms that specialise
Q20: Building societies have been able to attract
Q21: Credit unions' assets primarily consist of:
A)investment securities.
B)loans
Q22: Traditionally building societies invest mainly in _
Q24: Which of the following is NOT a
Q25: Which of the following statements is NOT
Q26: Building societies,credit unions and finance companies _
Q27: Which of the following statements is NOT
Q28: Captive sales finance companies are finance companies
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