1. Banks of every shape and size
152SIS13
Minjae Lee

2. Variety of banks Commercial banks Building societies
Savings and loan associations
Credit unions
Investment banks

3. Variety of banks Casualties Offshore financial centers and tax havens
Islamic banking
Microfinance

4. Commercial banks 〈
Savings
Interests
Interests
Loans

5. Commercial banks

6. Building societies Credit unions S&Ls
Groups of people came together to save funds and help each other buy houses
Mostly converted to banks

7. Building societies Credit unions S&Ls
Savings & Loan associations
US version of building societies
Early 1990s restrictions ↓
∴ Many goes to bust

8. Building societies Credit unions S&Ls
Established in places too poor or remote to have banking service
Non-profit organizations

9. Investment banks

10. Investment banks
Advising companies engaged in mergers and acquisitions
Help companies issue shares
Advise price
Guaranteeing or underwriting by buying shares not taken

11. Casualties

12. Casualties

13. Offshore financial centers and tax havens
Branches in small countries that have no significant trade
Four criteria
-An almost total lack of offshore direct taxation
-Weak local economic activities
-Impenetrable tax rules
-A lack of disclosure of information to the tax authorities of other countries

14. Islamic banking Sharia Law Invest in unethical industries
Use wealth judiciously
Saving wealth

15. Islamic banking ?

16. Microfinance Grameen Bank Replace collateral with trust
Women join together in small groups
Women get training and other supports
One member does not repay, all the members suffer

17. Microfinance

18. Thank You  谢谢
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