Introduction to Traditional financial

services
Innovative financial services
 Financial Services
Financial services are the economic services provided by the finance
industry, which encompasses a broad range of businesses that manage
money, including banks, creditcard companies, insurance companies, 
accountancy companies, consumer-finance companies, stock brokerages, 
investment funds, individual managers and some 
government-sponsored enterprises.
https://www.youtube.com/watch?v=W-1uebUJq4E
 Banking

Insuranc Capital
e Market
Financia
l
Venture Service Mutual
Capital funds

Merchant
Banking

https://www.youtube.com/watch?v=-JMLdhbUbzE&t=28s
Types of Financial services
 Importance of financial services
• Economic Growth
• Promotion of saving
• Capital Formation
• Creation of employment opportunities
• Contribution to GNP (Gross National Product).
• Provision of liquidity
• Benefit to government
Characteristics of financial service