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Financial institutions , otherwise known as banking institutions , are corporations that provide services as intermediaries of financial markets. Broadly speaking, there are three major types of financial institutions: [1] [2]. Financial institutions can be distinguished broadly into two categories according to ownership structure:. Some experts see a trend toward homogenisation of financial institutions, meaning a tendency to invest in similar areas and have similar business strategies. A consequence of this might be fewer banks serving specific target groups, and small-scale producers may be under-served. Standard Settlement Instructions SSIs are the agreements between two financial institutions which fix the receiving agents of each counterparty in ordinary trades of some type. These agreements allow traders to make faster trades since the time used to settle the receiving agents is conserved. Limiting the trader to an SSI also lowers the likelihood of a fraud. Financial Institutions

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Financial Institutions - Sources of Business Finance - Class 11 Business Studies

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Financial Institutions

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