Banking and Financial Institutions​
Discussion 5.4: Bank Failures and Bank Crises . . . . . . . . . . . . . .80 Chapter Summary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .82 Chapter Test . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .83 CHAPTER 6: GOVERNMENT BANKING INSTITUTIONS AND UNIVERSAL BANK . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85 Discussion 6.1: Government Banks . . . . . . . . . . . . . . . . . . . . . . .86 Discussion 6.2: Universal Banks. . . . . . . . . . . . . . . . . . . . . . . . . .92 Chapter Summary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .95 Chapter Test . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .96 CHAPTER 7: COMMERCIAL BANK, THRIFT BANK, AND RURAL BANK . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 98 Discussion 7.1: About Commercial Bank . . . . . . . . . . . . . . . . . . .99 Discussion 7.2: About Rural Banks. . . . . . . . . . . . . . . . . . . . . . .104 Discussion 7.3: About Thrift Bank. . . . . . . . . . . . . . . . . . . . . . . .108 Chapter Summary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .112 Chapter Test . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .113 CHAPTER 8: PENSION AND INSURANCE COMPANIES . . . . . . . . . . . . . . . . . . . . 115 Discussion 8.1: Introduction to Pension . . . . . . . . . . . . . . . . . . .116 Discussion 8.2: Introduction to Insurance. . . . . . . . . . . . . . . . . .119 Chapter Summary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .123 Chapter Test . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .124
UNIT III OVERVIEW TO NONBANKING INSTITUTION . . . . . 127 CHAPTER 9: INVESTMENT HOUSES AND SECURITIES BROKERS AND DEALERS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 128 Discussion 9.1: About Investment House . . . . . . . . . . . . . . . . . .129 Discussion 9.2: Securities Brokers and Dealers. . . . . . . . . . . . .131 Chapter Summary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .136 ChapterTest.........................................137 CHAPTER 10: MUTUAL FUNDS AND SECURITIES OPERATION . . . . . . . . . . . . . . 140 Discussion 10.1: Nature of Mutual Fund. . . . . . . . . . . . . . . . . . . .141 Discussion 10.2: Advantages and Disadvantages of Mutual Funds. . . . . . . . . . . . . . . . . . . . . . . . .143 Discussion 10.3: Factors to Consider before Investing in Mutual Funds . . . . . . . . . . . . . . . . .146 Chapter Summary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .150 Chapter Test . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .151 CHAPTER 11: PAWNSHOPS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .153 Discussion 11.1: Introduction to Pawnshops. . . . . . . . . . . . . . . . .154 Discussion 11.2: Functions of Pawnshops . . . . . . . . . . . . . . . . . .155 Discussion 11.3: Governing Laws of Pawnshops. . . . . . . . . . . . .156 Chapter Summary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .159 Chapter Test . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .160
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2025 Higher Education Learning Solutions for the Business and Accountancy Program 18
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