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Tag Archives: ECIB

Benefits & impacts of ECIB for microfinance

  A financial system (within the scope of finance) is an arrangement that permits the exchange of funds between lenders, borrowers and investors. Financial systems operate at firm-specific, national and global levels. They comprise adaptable, closely related services, markets, and institutions designed to provide well-organized and regular linkage between investors and depositors. Banks are the part of financial system and their primary function is to lend money to generate revenue. …

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