FINANCIAL INSTITUTION❑ DEPOSITORY INSTITUTION

• MUTUAL SAVING BANK• CREDIT UNION• SAVING AND LOAN ASSOCIATION• COMMERCIAL BANK

❑ NON-DEPOSITORY INSTITUTION• CONSUMER FINANCE COMPANIES• INSURANCE COMPANIES• PENSION FUND• MUTUAL FUNDS

CONTENT

FINANCIAL INSTITUTION

Any institution that Collect Money an puts in into assets such as:

1.Bank deposits2.Stocks3.Bond 4.Loan

Types Of Financial Institution:-

5.Depository Institution

6.Non-depository Institution

Depository Institution:- A financial institution that obtains its fund mainly through deposited from the public. It may be either for profit or non profit. This include:

❑ Commercial Bank❑ Saving And Loans Association❑ Credit Union❑ Mutual Saving Bank

INDIVIDUAL

ORGANIZATION

BUSINESSES

MORTAGE

SCAR

LOANSBUSINESSES LOAN

COMMERCIAL BANK

SAVING AND LOAN ASSOCIATION

This institute is similar to commercial bank. They offered

Mortgaged Loan, Housing Loan and other credit to

individual and families

CREDIT UNIONA cooperative association that makes Small Loans to its member at low interest rate and offers other banking services as saving and

checking account

Mutual saving bank➢ It is owned by an operated for the benefit of its depositor.➢ Profit are distributed in proportion to the amount of business each participants does with the company.➢ Organized mainly for saving and homes loan.

NON-DEPOSITORY INSTITUTE

Government or private organization that serve as an intermediary between savors and barrows but does not accept time deposited.

Insurance

CompaniesConsumer Finance

Company

Pension Fund Mutual

Fund

INSURANCE COMPANIESInsurance companies protect their customer from financial distress that can be caused by

unforeseen event such as: accident or premature death

CONSUMER FINANCE COMPANY

They provide loans to people or businesses using the insurance of short term securities especially commercial paper, sometimes mortgagers as a source of fund consumer finance companies provide loan direct to consumer and charge a high interest rate

Pension fund

They receive contribution from individual and employers during their employment provide a retirement income for the individual.

MUTUAL FUND

An investment vehicle that is made up of a pool of money collected from many investors for the purpose of investing in stock, bonds, alternatives and similar assets.

Key Benefits Of Mutual Funds

Professional Money Management

DiversePortfolio

AffordabilityLiquidity

Well Regulated Industry

Mutual Funds Types Equity Funds

Money Market / Liquid Funds

Hybrid Funds

EQUITY FUND

An equity fund is a mutual fund that invests principally in stocks. It can be actively or passively index fund managed. Equity funds are also known as Stock funds.

Money Market & Liquid Fund

Money market basically refers to a section of the financial market where financial instruments with high liquidity and short-term maturities are traded. Money market has become a component of the financial market for buying and selling of securities of short-term

maturities, of one year or less, such as Treasury bills and Commercial papers.

Hybrid Fund

A hybrid fund is a category of mutual fund that is characterized by portfolio that is made up of a mix of stocks and bonds, which can vary proportionally over time or remain fixed.

DEFINITIONAn arrangement by which a company or the state to provide a guarantee of compensation for Specified Loan, Damage etc. of a specific premium

TYPES OF INSURANCEGeneral insurance

Life insurance

GENERAL INSURANCE

Property insurance is a policy that provides Financial Repayment to the owner or renter of a structure and its contents, in the event of Damage Or Theft. Following are the types are:

Fire InsuranceCasualty InsuranceMarine InsuranceFidelity Insurance

LIFE ASSURANCEInsurance that pays out a sum of money either on the DEATH of the insured person or after a set period. Life assurance is of the following types:

Life Term Insurance

Whole Life Insurance

Endowment Insurance

Personal Accident Insurance