Which of the following is an 'asset' of a bank?
A) Deposits
B) Short-term borrowing
C) Long-term debt
D) Loans

Name: Which of the following is an 'asset' of a bank? A) Deposits B) Short-term borrowing C) Long-term debt D) Loans
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Question

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The loans given out by the bank are considered assets as they generate revenue for the bank in the form of interest payments. Deposits, short-term borrowing, and long-term debt are all liabilities of the bank as they represent money owed to others.

Which of the Following Is an 'Asset' of a Bank