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BSA08835 Study guides, Class notes & Summaries

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1 INTRODUCTION TO FINANCIAL SYSTEM & FINANCIAL MARKET.docx

  • 1 INTRODUCTION TO FINANCIAL SYSTEM & FINANCIAL MARKET.docx

  • Exam (elaborations) • 8 pages • 2024
  • DEFINITION OF FINANCIAL SYSTEM - Financial system deals with the financial transactions and the exchange of money between savers, investors, lenders and borrowers. - Financial System are made of different intricate and complex models that link financial institutions and markets to provide financial services for various stakeholders operating in the financial system like depositors, lenders, borrowers, government and others. - The financial system is concerned about money, credit, and fina...
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