Poznań, Poland

Banking and Financial Services
(Finance and Accounting)

Bankowość i usługi finansowe

Master's
Table of contents

Banking and Financial Services at Merito Poznań

Field of studies: Finance and Accounting
Language: PolishStudies in Polish
Subject area: economy and administration
Kind of studies: part-time studies
Studies online Studies online
University website: www.merito.pl

Definitions and quotes

Financial Services
Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual managers and some government-sponsored enterprises. Financial services companies are present in all economically developed geographic locations and tend to cluster in local, national, regional and international financial centers such as London, New York City, and Tokyo.
Banking
But please do not think that I am not fond of banks,
Because I think they deserve our appreciation and thanks.
Ogden Nash. ‘Bankers are Just Like Everybody Else, Except Richer’, The Face is Familiar (1954).
Banking
Commercial banks create checkbook money whenever they grant a loan, simply by adding new deposit dollars in accounts on their books in exchange for a borrower's IOU.
Federal Reserve Bank of New York; Friedman, David H. (1977). I Bet You Thought.... p. 19. OCLC 5356154. 
Banking
The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it.
John Kenneth Galbraith, Money: Whence it came, where it went (1975), p. 15.
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