Tagged with: banking
Financial Assets
A financial asset is a financial claim, an intangible asset that derives value because of a contractual claim. Learn about financial assets and the role the banking industry plays in the financial assets market. Learn about various types of financial assets and their importance in terms of the banking industry.
Introduction to Banking: What is a Bank?
When you think of a bank, what image comes to mind? A bank is a financial intermediary for the safeguarding, transferring, exchanging, or lending of money. Banks distribute “money” - the medium of exchange. A bank is a business and banks sell their services to earn money, and they need to market and manage those services in a competitive field. Learn more about the fundamentals of banking.
