Credit institution: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Mend link.)
imported>Doug Williamson
(Add link.)
Line 8: Line 8:
*[[Building society]]
*[[Building society]]
*[[Credit union]]
*[[Credit union]]
*[[Investment firm]]

Revision as of 12:18, 13 August 2016

Credit institutions include banks, building societies and credit unions.

Their essential characteristics are taking deposits or other repayable funds from the public and granting loans or other credits, to be held on their own books.


See also