Tag: I

February 18, 2020

Bancassurance

What is Bancassurance? DefinitionThis refers to the relationship between a bank and an insurance company permitting the insurance company to market and sell its insurance products to a bank�...

February 14, 2020

Bank

What is a Bank?     “…an establishment for custody of money, which it pays out on customer’s order.”Oxford DictionaryDefinitionA bank is the major financial institutio...

February 14, 2020

Bank Credit

What is a Bank Credit?Definition‘Bank Credit’ is a financial term used to refer to the amount of money a business or individual can borrow from a bank. It is also referred to as the money tha...