Banking Flashcards
1
Q
Six types of banks
A
Retail banks
Commercial banks
Development banks
Central bank
Community bank
Investment banks
2
Q
Roles of banks
A
Provide liquidity to the market
Serve as financial intermediaries
Provider of economic and business information
Central bank roles
3
Q
What can government do to ensure confidence in banking
A
Regulation
Stepping in and guaranteeing deposits
Education campaigns and press releases following incidents
