Category: Uncategorized

Interest rates Interest rate is the price that a borrower of funds must pay to the lender to secure use of funds for a specified period. An interest rate is a predetermined or negotiated payment made or received for the Read More …

A Financial Market is an institution or arrangement that facilitates the exchange of financial assets. They are mechanisms in our society for converting public savings into investments such as buildings, machinery, infrastructure and inventories of goods and raw materials. This Read More …

2. The rationale for regulation Financial systems are prone to periods of instability. In recent years, a number of financial crises around the world (South-east Asia, Latin America and Russia, Global financial crisis) have brought about a large number of Read More …

Introduction The economic development of any country depends, upon the existence of a well organised financial system. It is the financial system which supplies the necessary financial inputs for the production of goods and services which in turn promote the Read More …

9.1 Services for Personal Borrowers Personal loan insurance All banks now offer insurance s to customers for packaged personal lending. The types of lending under consideration here are personal loans, budgets accounts, revolving credit accounts, equity release loans and even Read More …

8.1 Finance for Exporters: Overdrafts / Loans In addition to usual secured or unsecured loans and overdrafts in sterling, the same products can be made available to customers in foreign currencies. If non-sterling facilities are taken, the exporter should ensure Read More …