Module 9 : Financial Services offered by Retail Banks

Objectives Understanding the role of banks as financial intermediaries Mutual fund investments How mutual funds work, charges, costs ETFs, Gilts and Bond investments offered by retail banks 9.1 Introduction Banks started out as safekeepers for customers. In Egypt, banks used to act as safekeepers for grains. Over time, they evolved and began facilitating the process of funds transfer and in later years, started offering credit to private and business customers. Banks ...