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Discuss the importance of banks for the flow-of-funds function of the financial system.doc

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Discuss the importance of banks for the flow-of-funds function of the financial system

Please find attached the report you requested. It is significant to find out the importance of financial operations in banking systems to provide the better financial service for the society. The Importance Of Banks And The Flow-Of-Funds Zhu AnQiBFF1300 Money And Capital Markets Table of Contents Executive Summary.....................................................................................................2 1.Introduction...............................................................................................................2 2. Banks........................................................................................................................2 2.1 Functions Of Banks............................................................................................3 2.1.1 Credit Intermediary....................................................................................3 2.1.2 Payment Intermediary................................................................................4 2.1.3 Financial services and adjustments...........................................................4 3. Flow-Of-funds...........................................................................................................5 3.1 Functions Of Flow-of-funds.............................................................................5 4. Financial Channel....................................................................................................6 4.1 Direct Financial Channel..............................................................................6 4.2 Indirect Financial Channel...........................................................................7 5. Conclusion................................................................................................................7 6. Bibliography............................................................................................................8 7. Charts Chart1: BPay in Commonweal