Inbound 6732646573070151885
Inbound 6732646573070151885
Inbound 6732646573070151885
ELECTRONIC BANKING
Presented By : Group 2
INSTITUTIONS
OBJECTIVES:
International Institution
Technology use by financial institutions for easy access
in all transactions Introductions in Global Finance. A
financial system refers to asset of components and
mechanism, such as monetary policies, insurance, and
banks.
(3) COMPONENTS OF
FINANCIAL INSTITUTIONS
• Money
• Checks
• Credit Cards
(3) MECHANISM OF
FINANCIAL SYSTEM
• Accounting Methods
• Auditing Service
• Financing procedures
THE GLOBAL FINANCIAL
SYSTEM
Responsible for providing core economic functions. The
system facilitates trade, provides a mechanism for the pooling
of resources, manages, financial risks, provides price
information, and provides ways for countries to transfer
economic resources across borders and among different
industries with ease.
BORROWING AND LENDING
ACTIVITIES OF THE WORLD BANK
The World Bank gives loans primarily from its own medium and long-term
borrowings in the international capital markets and Currency Swap
Agreements (CSA). Under the CSA, proceeds of a borrowing country are
converted into a different currency and at the same time a forward
exchange agreement is executed providing for a schedule of future
exchanges of the two currencies in order to recover the currency converted.
The World Bank can also borrow under the Discount-Note Programme, by
placing bonds and notes directly with governments of member-countries,
with government agencies and their central banks. Also, the World Bank
offers issues to investors and in public markets through investing banking
firms, commercial banks and investment banks.
SEVERAL PROMINENT
INTERNATIONAL
INSTITUTIONS PLAY KEY
ROLES IN GLOBAL FINANCE.
HERE ARE SOME OF THE
MOST SIGNIFICANT:
1. INTERNATIONAL MONETARY
FUND (IMF):
7. INTERNATIONAL FINANCE
CORPORATION (IFC):
-A member of the World Bank Group, it supports private
sector development in developing countries.
8. ASIAN DEVELOPMENT BANK
(ADB):
-Provides loans, technical assistance, and grants for
development projects in Asia, aiming to reduce poverty and
improve living conditions.