importance of liquidity in banking?

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importance of liquidity in banking?

2006-09-07 00:16:16 · 2 answers · asked by clife_puah 1 in Education & Reference ➔ Homework Help

2 answers

Cash is the stock-in-trade for a banker , hence liquidity IS THE IMPORTANT FACTOR.

2006-09-07 00:23:27 · answer #1 · answered by Spiritualseeker 7 · 1⤊ 0⤋

I don't know much about banking,but i remember in the O.J. Simpson's case thy had to liquidity so his lawyer.s could use his money for the case,his asset was not frozen I hope this help also all your stock and bonds are turn into cash

2006-09-07 07:21:20 · answer #2 · answered by Anonymous · 0⤊ 0⤋