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Banks - Coggle Diagram
Banks
Stock exchange
financial marketplace where securities are traded
shares
debentures
Prices depend on
If demand ↑ → price ↑
If supply ↑ → price ↓
Central banks
managed by government-appointed directors
objectives
functions
Retail banks
serve general public and small businesses
collect and lend money
everyday banking service
Ethical bank
based on ethical finance principles
chooses its own ethical policies
do not finance “controversial sectors”
Offshore banks
located in tax havens
advantages
financial
legal
The world bank
international financial institution
organizations
International Bank for Reconstruction and Development
International Development Association
E-banking
Automatic services through the Internet
can do
check and download bank statements
pay bills
manage investments
What are banks
Types
Central
Investment
Offshore
Retail
Investment banks
do not take deposits provide services to
large companies
wealthy investors
The IMF