Which combination of the following statements is true about a swap bank? (i)it is a generic term to describe a financial institution that facilitates swaps between counterparties
(ii)it can be an international commercial bank
(iii)it can be an investment bank
(iv)it can be a merchant bank
(v)it can be an independent operator
A)(i)and (ii)
B)(i),(ii)and (iii)
C)(i),(ii),(iii)and (iv)
D)(i),(ii),(iii),(iv)and (v)

Question

Quizplus · Accepted Answer

A swap bank can indeed be a generic term for any financial institution that facilitates swaps between counterparties. This includes a wide range of institutions such as international commercial banks, investment banks, merchant banks, and even independent operators, making all the statements true.

Which Combination of the Following Statements Is True About a Swap