Central Bank of Nigeria Library

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Financial institutions/

By: Material type: TextTextPublication details: New York: Random House, [1968]Description: xii, 207 pSubject(s): DDC classification:
  • 332 GOL
LOC classification:
  • HG181 .G649
Summary: The topic is introduced with a short discussion of financing expenditures and the importance of intermediation in this process. A discussion of the sources of funds, the determinants of investment behavior, and the regulation of commercial banks, savings banks and associations, life and property insurance companies, pension plans, and investment companies follows. After this discussion organized in terms of lenders, the markets are examined in terms of borrowers. Here the emphasis is on the market organization, the relative importance of each institution, and the needs of the borrowers. Goldsmith includes a discussion of the history of finance and a gaze into the future. He also attempts to provide the framework by discussing the theory of intermediation and competition for deposits.Goldsmith introduces the subject by comparing an economy with no financial deficits or surpluses to a system with direct finance, and finally to one with indirect finance and intermediation.
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Holdings
Item type Current library Collection Call number Status Date due Barcode
Monograph & others Monograph & others CBN HQ Library General Stacks Non-fiction 332 GOL (Browse shelf(Opens below)) Available 31008100144167

Bibliography: p. [199]-203.

The topic is introduced with a short discussion of financing expenditures and the importance of intermediation in this process. A discussion of the sources of funds, the determinants of investment behavior, and the regulation of commercial
banks, savings banks and associations, life and property insurance companies, pension plans, and investment companies follows. After this discussion organized in
terms of lenders, the markets are examined in terms of borrowers. Here the emphasis is on the market organization, the relative importance of each institution, and the needs
of the borrowers. Goldsmith includes a discussion of the history of finance and a gaze into the future. He also attempts to provide the framework by discussing the theory of intermediation and competition for deposits.Goldsmith introduces the subject by comparing an economy with no financial deficits or surpluses to a system with direct finance, and finally to one with indirect finance and intermediation.

rpm 23/04/2018

Loans

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