Please enable JavaScript.
Coggle requires JavaScript to display documents.
Tutorial 2 (What different kinds of services do banks offer the public…
Tutorial 2
-
Why do banks and other financial intermediaries exist in modern society, according to the theory of finance?
A newer view sees banks as delegated monitors委托监督者 who assess and evaluate borrowers on behalf of their depositors and earn fees for supplying monitoring services
Bank also provides a service of dividing up financial instruments into smaller units which would be readily affordable to millions of people
The traditional view of banks as financial intermediaries sees them as simultaneously fulfilling the financial service needs of savers (surplus-spending units) and borrowers (deficit spending units), providing both a supply of credit and supply of liquid assets.
-
Banks have been viewed in recent theory as suppliers of liquidity and transactions services that reduce costs for their customers and, through diversification, reduce risk
Banks are also critical in the payment system for goods and services and have played an increasingly important role as a guarantor and a risk management role for customers
-
-
-
-
-