13-2balance-sheet activities are an important source of fee income for many FIs.

Name: 13-2balance-sheet activities are an important source of fee income for many FIs.
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Quizplus · Accepted Answer

Balance-sheet activities, such as lending and investing, typically generate interest income for FIs. However, they can also generate fee income through services such as loan origination fees, account maintenance fees, and investment advisory fees. Therefore, balance-sheet activities can be an important source of fee income for many FIs.

13-2balance-Sheet Activities Are an Important Source of Fee Income for Many