Questions and problems1.Discuss the role and function of any large financial institution in your...

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Questions and problems1.Discuss the role and function of any large financial institution in your country as well as THREE impacts that that intuition has on the economy of your country (17marks). Any financial institutionexcludingthe Central Bank. (Trinidad and Tobago or if no information available then a next Caribbean country.)2. Discuss THREE monetary strategies currently implemented in your country. (9marks)(Trinidad and Tobago or if no information available then a next Caribbean country.)3. What are the benefits of the type of monetary policy strategies that instituted mentioned above? What were the pitfalls in the strategy?  (4marks)

Komalavalli · Accepted Answer

CIBC FirstCaribbean is a matchmaking bank that provides a comprehensive range of market-leading business services in corporate banking, investment banking, retail banking, business banking, and wealth management. They have about 2,900 workers and are situated in 16 Caribbean nations, offering banking services through 64 branches and offices. We are one of the Caribbean region's leading domestic indexing business services businesses, speaking English and Dutch, with assets of $ 12 billion and a market value of $ 1.5 billion. There is a consulting agency in Hong Kong that specializes in business growth, date management, and money management.
The banking sector plays a key role in providing critical monetary equipment and resources in all monetary systems, making it important for the proper operation of any economy. Banks, in particular, serve as the primary lender for developing countries by utilizing their specific abilities to fund the production as well as funds for the commercial enterprise quarter This enables enterprises of all sizes large, medium, and small to grow. activities inside a certain market and offers them opportunities to export to other ones This, In turn, raises the level of mixing and, in the long term, improves national economic development.
Banks maintain their place in contributing to our global monetary expansion in the local environment. Together with insurance and real estate, economic services account for the majority of the offers zone and the second-largest contribution to GDP, accounting for around 17 percent or TT$sixteen billion. The banking zone is not the most efficient. It has been a significant contribution to GDP, but its expansion has exceeded the country's monetary expansion; in order
In 2015, GDP contracted by 1.2 percent while the economy expanded by 1.9 percent. These numbers bear witness to the resilience of the local banking sector,

Questions and problems 1.Discuss the role and function of any large financial institution in your country as well as THREE impacts that that intuition has on the economy of your country (17marks). Any...

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