10.3 financial institutions (not assessed) Flashcards
1
Q
Financial Institutions
A
- Banks
- Investment Banks
- Financial Companies
- Superannuation Funds
- ASX
2
Q
Banks
A
- Business can receive loans
3
Q
Investment Banks
A
- Raise capital for acquisitions
4
Q
Finance Companies
A
- Raise capital through debentures
5
Q
Superannuation Funds
A
- Large investors of pooled money
- Provide loan funds for corporate sector
6
Q
ASX
A
- Shares in companies offered for trading
