Eurosystem and Mutual: Difference between pages

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imported>Doug Williamson
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''Central banking.''
An organisation owned and controlled by its customers, although day to day management will often be undertaken by professional managers, especially in larger mutuals.


The Eurosystem comprises:
Building societies are mutual organisations.
*The European Central Bank and
*The national central banks of all Euro zone member states.




It is sometimes written 'eurosystem'.
==See also==
 
*[[Building society]]
 
*[[Shareholder]]
== See also ==
* [[Central bank]]
* [[ESCB]]
* [[Euro]]
* [[Euro zone]]
* [[European Central Bank]]
* [[European Union]]
* [[Monetary Policy Committee]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]

Revision as of 15:32, 23 July 2016

An organisation owned and controlled by its customers, although day to day management will often be undertaken by professional managers, especially in larger mutuals.

Building societies are mutual organisations.


See also