INTRODUCTION TO FINANCIAL INSTITUTIONS AND CAPITAL MARKETS The Five Parts of the Financial System 1. Money: Anything generally accepted as a means of payment or medium of exchange. It’s useful because you can exchange goods or services with it, either… Read More
INTRODUCTION TO FINANCIAL INSTITUTIONS AND CAPITAL MARKETS
INTRODUCTION TO FINANCIAL INSTITUTIONS AND CAPITAL MARKETS Introduction The economic development of any country depends, upon the existence of a well organized financial system. It is the financial system which supplies the necessary financial inputs for the production of goods… Read More
RISK AND RISK MANAGEMENT IN BANKS
RISK AND RISK MANAGEMENT IN BANKS Introduction The increasing demand for risk management on the part of organizations, businesses and government authorities has been identified as a general societal trend emphasizing public accountability and responsibility. A bank has many risks… Read More