asked 38.0k views
5 votes
What kind of financial services can trust and loan companies provide?

A. Limited services
B. Comprehensive services
C. Specialized services
D. Unspecified services

asked
User Chalise
by
7.7k points

1 Answer

4 votes

Final answer:

Trust and loan companies can provide comprehensive services to customers, including accepting deposits, providing loans, managing investments, offering financial advice, administering trusts, and facilitating foreign currency exchanges.

Step-by-step explanation:

Trust and loan companies can provide comprehensive services to customers.

These services can include:

  • Accepting and holding deposits
  • Providing loans and mortgages
  • Managing investment portfolios
  • Offering financial advice and planning
  • Administering trusts
  • Facilitating foreign currency exchanges

Trust and loan companies strive to meet the financial needs of their clients by offering a wide range of services to help them save, invest, and manage their money.

answered
User Kreshnik Hasanaj
by
8.3k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories