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Financial intermediation
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| 04.09.2009, 00:08 |
Случайный текст с реферата
Financial intermediation. Financial intermediation is an activity of financial intermediaries A financial intermediary is an institution that links lenders with borrowers, by obtaining deposits from lenders and then re-lending them to borrowers The role of financial intermediaries in an economy, such as banks and building societies, is to provide means by which funds can be transferred from surplus units in the economy to deficit units Surplus units are those economical agents, which have more money, than they need for their immediate needs Deficit units are those, which have less money, than they need in order to fund their current activity. Financial intermediaries help to reconcile different requirements of borrowers and lenders. They provide obvious and convenient ways in which a lender can save money Instead of having to find a suitable borrower for his money, the lender can deposit his money with a bank etc All the lender has to do is decide for how long he might want to lend ...
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| Категория: Иностранные языки | Добавил: bestmms
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