GLOBAL FINANCE MIDTERM

Also known as Multi-national Bank

It illustrates the flow of money.

A business entity that provides service as an intermediary to different financial monetary transaction.

It contains different financial sectors that sustain world economy.

It is the collaboration of individual and government bodies in order to help grow world economy.

For a third world country like Philippines, it is important to have Global banks than International Banks.

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Ana wants to buy a new Canon photo printer from Amazon since the printer she wanted is not available locally. This is an example why International Banks come handy.

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One of the reason why individual chooses for alternative in making loans like (5-6) is not because of high interest rates but the requirements.

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All loans from Financial Institutions need collateral in accordance with the government rules and regulations.

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If San Miguel Corporation wants to make a business loan amounting to Php. 500,000,000 million from the BDO. San Miguel Corporation will need to put a board of director from BDO.

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