Industry Career Guide: Banking and Finance

The banking and finance sector performs a critical function in the Philippine economy as it is primarily responsible for the mobilization of domestic savings and the conversion of these funds into directly productive investments. Financing the needs of firms which desire to raise productive capacity...

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Main Authors: Tullao, Tereso S., Jr, Raymundo, Roberto
Format: text
Published: Animo Repository 2015
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Online Access:https://animorepository.dlsu.edu.ph/res_aki/54
https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1067&context=res_aki
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Institution: De La Salle University
id oai:animorepository.dlsu.edu.ph:res_aki-1067
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spelling oai:animorepository.dlsu.edu.ph:res_aki-10672023-04-12T03:38:57Z Industry Career Guide: Banking and Finance Tullao, Tereso S., Jr Raymundo, Roberto The banking and finance sector performs a critical function in the Philippine economy as it is primarily responsible for the mobilization of domestic savings and the conversion of these funds into directly productive investments. Financing the needs of firms which desire to raise productive capacity by purchasing additional capital equipment, acquiring or leasing idle property, building and expanding factories, and increasing inventory are responsible for sustaining economic growth in the long term, alongside the creation of new jobs. It is very important for the banking and finance sector to continue finding ways to encourage households to save their unspent income in various financial assets so that these resources could be used and transformed into loans that will finance the expansion of directly productive business ventures. 2015-01-01T08:00:00Z text application/pdf https://animorepository.dlsu.edu.ph/res_aki/54 https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1067&context=res_aki Angelo King Institute for Economic and Business Studies Animo Repository career guide banking finance economic growth Banking and Finance Law Labor Economics
institution De La Salle University
building De La Salle University Library
continent Asia
country Philippines
Philippines
content_provider De La Salle University Library
collection DLSU Institutional Repository
topic career guide
banking
finance
economic growth
Banking and Finance Law
Labor Economics
spellingShingle career guide
banking
finance
economic growth
Banking and Finance Law
Labor Economics
Tullao, Tereso S., Jr
Raymundo, Roberto
Industry Career Guide: Banking and Finance
description The banking and finance sector performs a critical function in the Philippine economy as it is primarily responsible for the mobilization of domestic savings and the conversion of these funds into directly productive investments. Financing the needs of firms which desire to raise productive capacity by purchasing additional capital equipment, acquiring or leasing idle property, building and expanding factories, and increasing inventory are responsible for sustaining economic growth in the long term, alongside the creation of new jobs. It is very important for the banking and finance sector to continue finding ways to encourage households to save their unspent income in various financial assets so that these resources could be used and transformed into loans that will finance the expansion of directly productive business ventures.
format text
author Tullao, Tereso S., Jr
Raymundo, Roberto
author_facet Tullao, Tereso S., Jr
Raymundo, Roberto
author_sort Tullao, Tereso S., Jr
title Industry Career Guide: Banking and Finance
title_short Industry Career Guide: Banking and Finance
title_full Industry Career Guide: Banking and Finance
title_fullStr Industry Career Guide: Banking and Finance
title_full_unstemmed Industry Career Guide: Banking and Finance
title_sort industry career guide: banking and finance
publisher Animo Repository
publishDate 2015
url https://animorepository.dlsu.edu.ph/res_aki/54
https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1067&context=res_aki
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