A bank would offer insurance services in addition to traditional banking services if it believed in the potential benefits of:

Question

Quizplus · Accepted Answer

Offering insurance services would allow the bank to achieve economies of scope, which means the ability to leverage existing resources and infrastructure to offer a wider range of services. This would allow the bank to increase its revenue without significantly increasing its costs and help to diversify its business.

A Bank Would Offer Insurance Services in Addition to Traditional