3-What is the type Financial Institution which is described in Bangladesh? Savings and Loan Association Credit Union itution is described in USA? Brokerage Investment Companies
case 1--------------------Ms. Aqeela is the CEO of a Future Solution Construction Company who engages in financial market since she has a brother who is a well-known financial broker.
She is being updated by her brother about the current stock prices, and whose companies are doing good.
She has installed in her phone an exchange rate program so she can also monitor the exchange rates of currencies.
Some banks are now issuing NCD’s (Negotiable Certificate of Deposits) which are offering good rates. Gold derivative is also being offered in the market.
As a CEO, Aqeela enjoys the credit card which becomes usable during her travels abroad.
During her travels she learned a lot and discover many things like in Bangladesh she met professional people who belong in a group which benefitted
their members and the profit that the organization received were return to members in a form of dividend and patronage refund.
In USA she visited one organization that widen her knowledge about fixed mortgages which takes deposits from small customers and use the deposit to make loans to borrowers.
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