Which combination of the following statements is true about a swap bank?
(i)- It is a generic term to describe a financial institution that facilitates swaps between counterparties.
(ii)- It can be an international commercial bank.
(iii)- It can be an investment bank.
(iv)- It can be a merchant bank.
(v)- It can be an independent operator.
A) (i) and (ii)
B) (i), (ii) and (iii)
C) (i), (ii), (iii) and (iv)
D) (i), (ii), (iii), (iv) and (v)

Question

Quizplus · Accepted Answer

Swap banks can indeed be a variety of financial institutions including international commercial banks, investment banks, merchant banks, or independent operators, and they facilitate swaps between counterparties.

Which Combination of the Following Statements Is True About a Swap