Please enable JavaScript.
Coggle requires JavaScript to display documents.
Banking System (types (credit unions (traditional banking service, small,…
Banking System
types
retail
consumer banking
general public
different kind of sevices
commercial
accepting deposits
making business loans
offering basic investment products
investment
financial intermediay
perform a variety of sevices
large and comples financial transactions
merges
corporate reorganization
central
goverment organization
control domestic economy
credit unions
traditional banking service
small
volunteer-only operation
large entries with thousand of participants
online banks
provide sevices
sell bank products
mutual saving bank
created by a central or regional government
savings
savings and loans
saving services
loans
mortgage
consumer loans
history
temples is the earliest form of the bank
begining in emprires' time
a way to pay for foreign goods and sevices with something that could be exchanged more easily
Romans and administrators
own right took banking out of the temples
formalized it within distinct buildings
Greece, Rome, Egypt, Acient Babylon
temples laoned money out
keep it safe
merchant banks
like national banking system
services
loans
corporate finance
international connections
political
financial
purpose
satisfy the market to provide loans to the public
icrease public credit
increase larger purchases
capital finance
initial public offerings (IPO)
public bonds