Types of banks Expanded commercial banks or universal banks Commercial banks

Types of banks expanded commercial banks or universal

This preview shows page 19 - 35 out of 35 pages.

Types of banks Expanded commercial banks or universal banks Commercial banks Specialized banks Thrift banks Small private banks
Image of page 19
EXPANDED COMMERCIAL BANKS OR UNIVERSAL BANKS Offers wide variety of banking services among financial institutions They can engage in: Equity investments in non-allied undertaking Up to 100% equity investments in fiancial intermediaries other than commercial banks
Image of page 20
COMMERCIAL BANKS Constitutes the bulk of the banking system Accepts deposits, withdrawals, lending etc. Discount and negotiate promissory notes, drafts, bills of exchange etc.
Image of page 21
GOVERNMENT BANKS Development Bank of the Philippines Provides long term credit to finance private development projects Land Bank of the Philippines Financial arm of the land reform program
Image of page 22
THRIFT BANKS Thrift Bank Act of 1995 provided for the establishment, operation, and supervision of thrift banks to include savings and mortgage banks, private development banks, and stock savings and loan associations SMB (Savings and Mortgage Banks
Image of page 23
SMALL PRIVATE BANKS Rural banks and cooperatives Private development banks
Image of page 24
Image of page 25
Image of page 26
Image of page 27
Image of page 28
Image of page 29
Image of page 30
Image of page 31
Image of page 32
Image of page 33
Image of page 34
Image of page 35

You've reached the end of your free preview.

Want to read all 35 pages?

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes