financial sector

financial sector

that part of the ECONOMY that is concerned with the transactions of FINANCIAL INSTITUTIONS. Financial institutions provide money transmission services and loan facilities, and influence the workings of the ‘real’ economy by acting as intermediaries in channelling SAVINGS and other funds into INVESTMENT uses. The financial sector, together with the CORPORATE SECTOR and PERSONAL SECTOR, constitute the PRIVATE SECTOR. The private sector, PUBLIC (GOVERNMENT) SECTOR and FOREIGN SECTOR make up the national economy. See FINANCIAL SYSTEM.
References in periodicals archive ?
Microfinance--safe savings, different types of loans, and other financial services to poor people--is an effective way to help them build income and assets, manage risk, and try to work their way out of poverty For the poor, access to financial services means not only increased production but also protection, as the financial sector serves as a cushion in times of crisis.
RIGA, Aug 8 (LETA) - Representatives of the Latvian financial sector today participated in the Defense Ministry's exercise simulating a crisis scenario to test the sector's readiness to work in the circumstances of an emergency, LETA was told at the ministry.
The Bank of Canada announced the launch of a public-private partnership to strengthen the resilience of Canadas financial sector in the face of risks to business operations, including cyber incidents.
FOREIGN talent is turning its back on the UK financial sector, new analysis has revealed, raising the possibility of staffing problems at City firms.
Summary: New Delhi [India], June 13 (ANI): Union Finance Minister Nirmala Sitharaman held third pre-Budget consultation meeting with the stakeholders from the financial sector and capital markets on Thursday.
Global Banking News-May 20, 2019--Chinese central bank to open up financial sector
M2 EQUITYBITES-May 20, 2019--Chinese central bank to open up financial sector
BANKING AND CREDIT NEWS-May 20, 2019--Chinese central bank to open up financial sector
(TAP) -- The African Development Bank (AfDB) Board of Directors approved e1/4120 million worth of funding for the implementation of the second phase of the Financial Sector Modernisation Support Programme (PAMSFI II) in Tunisia, said the AfDB is a press release on Thursday.
Exposure of the local financial sector to the United States and China has surpassed the NT$10 trillion level, and the massive international claims on the top two economies have prompted the Financial Supervisory Commission (FSC) to more carefully watch the rising trade tension between the two countries.
Last week I was honored to moderate a panel titled "Optimizing the Kingdom's Capital Market Potential through Infrastructure Development & Product Diversification," at Saudi Arabia's inaugural Financial Sector Conference (FSC) organized by the Ministry of Finance, the Saudi Arabian Monetary Authority and the Capital Market Authority.
27 (BNA): Bahrain Bourse announced its participation in the first edition of the Financial Sector Conference, which is part of the Financial Sector Development Program (a program of Saudi Vision 2030).

Full browser ?