Section 5 - The financial sector

Functions of the financial sector inc postlude

Central Bank Function:
Oversee the financial sector

Central Bank Function:
Implement monetary policies

Central Bank Function:
Producing and issuing domestic currency

Central Bank Function:
the lender of last resort

Central Bank Function:
It manages foreign exchange reserves

Central Bank Function::
It manages the national debt

Commercial Banks

commercial bank services:
Safekeeping & Security

commercial bank services:
offer various payment services

commercial bank services:
trading foreign currency

commercial bank services:
distribute notes and coins in local currency

share market (stock market)

dividends

stock broker

credit union

development bank

insurance

insurance premium

building societies

mutual fund

investment trust company

financial instruments (securities)

debt security

equity securities

treasury bills

treasury bonds

corporate bond

municipal bond

the informal sector

advantages of the informal sector

disadvantages of the informal sector

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