Aside from their low cost, what is the main reason banks value non-interest-bearing transaction balances? ]]

Question

Aside from their low cost, what is the  main reason  banks value non-interest-bearing transaction balances?  ]]>

Accepted Answer

They are typically stable and sticky, providing predictable funding for lending.

Answer

They prevent customers from switching banks.

Answer

They qualify for special tax credits.

Answer

They eliminate interest-rate risk for the bank.

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