concept of financial_research

May 28th, 2015
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A. T. Still University
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In financial economics, a financial institution acts as an agent that provides financial services for its clients. Financial institutions generally fall under financial regulation from a government authority.

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In financial economics, a financial institutionacts as an agent that provides financialservices for its clients. Financial institutionsgenerally fall under financial regulation froma government authority.Types of Financial Institutions Common types of financial institutionsinclude banks, Insurance Co, Leasing Co,Investment Co, Mutual FundsBanks A bank is a commercial or state institutionthat provides financial services, includingissuing money in various forms, receivingdeposits of money, lending money andprocessing transactions and the creatingof credit.1. Central Bank A central bank, reserve bank ormonetary authority, is an entityresponsible for the monetary policy of itscountry or of a group of member states,such as the European Central Bank (ECB)in the European Union, the FederalReserve System in the United States ofAmerica, State Bank in Pakistan.1. Central Bank Its primary responsibility is to maintain thestability of the national currency andmoney supply, but more active dutiesinclude controlling subsidized-loan interestrates, and acting as a lender of lastresort to the banking sector during timesof financial crisis2. Commercial Banks A commercial bank accepts deposits fromcustomers and in turn makes loans, evenin excess of the deposits; a processknown as fractional-reserve banking.Some banks (called Banks of issue) issuebanknotes as legal tender.3. Investment Banks Investment banks help compan

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