Banking system, Managerial Economics

THE BANKING SYSTEM

Consists of all those institutions which determine the supply of money.  The main element of the Banking System is the Commercial Bank (in Kenya).  The second main element of Banking System is the Central Bank and finally most Banking Systems also have a variety of other specialized institutions often called Financial Intermediaries.

Posted Date: 11/29/2012 4:46:56 AM | Location : United States







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