Question

Examine some of the difficulties associated with the financial system and how these challenges have been addressed by the banks and specialised deposit taking institutions act 2016 (act 930). are there any novel ways by which some of the challenges may be resolved in your opinion? (50 marks)

Answer 1

Explanation:

Bank play a very important financial Intermediary role in my economy. This role is heavily regulated from the commencement of the banking business that us licensing, and regularly during the operation of the bank.