Financial Institutions Overview

This lesson defines financial institutions and lists the types of banking and non-banking financial institutions. It also explains the key differences between these institutions and their functions in the economy.

• 12:39 “In offering of their new shares provision of long term loans. That is they give out long term loans and not short term loans. Malignant of major bays. This is a situation whereby two companies say for instance two banks...”
• 05:49 “investment to yield profits for the banks. The loans are usually for a short term that is the loans given out from the commercial banks are usually for a short term that is commercial banks do not give out long term loan...”
• 13:32 “a company gives out its equipment for a particular period of time to be used by other company organizations or individuals for the payments of rent on aid. So merchant banks help in this form of activities. Development b...”