Which of the following is not an off-balance-sheet activity for banks?

Question

Quizplus · Accepted Answer

Trust services are not considered off-balance-sheet activities as they are typically included in a bank's assets and are recorded on their balance sheet. Off-balance-sheet activities refer to transactions or services that are not recorded on a bank's balance sheet, but may still have an impact on the bank's financial position and risk profile. Examples include derivative contracts, loan commitments, and standby letters of credit.

Which of the Following Is Not an Off-Balance-Sheet Activity for Banks