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Monetary Financial Institutions

From Wikipedia, the free encyclopedia

Monetary Financial Institutions (MFIs), as in a definition provided by the European Central Bank, are defined as central banks, resident credit institutions as defined in Community Law, and other resident financial institutions whose business is to take deposits or close substitutes for deposits from entities other than MFIs and, for their own account (at least in economic terms), to grant credits and/or make investments in securities. Money market funds are also classified as MFIs.

YouTube Encyclopedic

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  • Banks and Financial Institutions
  • The Secret World of Financial Institutions: World Bank, International Monetary Fund (2002)
  • Money and Banking - Lecture 01


External links

This page was last edited on 14 December 2019, at 21:16
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