Answer Happy

Question B3
Explain how a bank in Hong Kong assesses the comprehensive
picture of an individual’s credit score for credit consideration.
(15 marks)
Question C1
Discuss and provide any THREE key benefits virtual banks would
bring to retail customers. Also discuss and provide any THREE key
bad / adverse impacts they would bring to traditional banks. Assume
that you are the marketing manager of a virtual bank, explain and
suggest any TWO new products to be introduced to generate
additional non-interest bearing income for the bank. (25 marks)
Question C2 Assume that you are a bank credit officer reviewing
a SME (small and medium-sized enterprises) loan application, what
types of financial information would you request from your client
in order to conduct a comprehensive financial review? Explain how
would you prepare a lending proposal, what are the processes and
principles to be used for credit assessment, and how would the
proposal be approved? (25 marks)