Types of Financial Institutions Quiz

By charging more interest on loans and debt than what they pay to savers.

Banco Espanol-Filipino de Isabel II

Banco Espanol-Filipino

<p>Monte de Piedad y Casa de Ahorros</p> Signup and view all the answers

<p>Bureau of Treasury</p> Signup and view all the answers

<p>Philippine National Bank</p> Signup and view all the answers

<p>Depository Financial Institutions and Non-Depository Financial Institutions</p> Signup and view all the answers

<p>Depository financial institutions fund their investment activities by accepting public deposits.</p> Signup and view all the answers

<p>Non-Depository Financial Institutions fund their investment activities directly from the financial markets.</p> Signup and view all the answers

<p>Examples of depository financial institutions include Credit Unions, Stock Brokerage Firms, and Asset Management Firms.</p> Signup and view all the answers

<p>Banks also provide financial services such as wealth management, currency exchange, and safe deposit boxes.</p> Signup and view all the answers

<p>Banks use the money deposited by customers to lend to others for long-term debt.</p> Signup and view all the answers