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Assign #5
Assign #5
Cite bank and non-bank institutions (cite as well as their services/ products offered)
in the locality that would serve as possible sources of funds for business operations.
BANK INSTITUTIONS
BDO
What bank products and services are offered by BDO?
BDO is a full-service universal bank that provides a complete array of industry leading
products and services to the retail and corporate markets including Lending (corporate,
middle market, SME, and consumer), Deposit-taking, Foreign Exchange, Brokering,
Trust and Investments, Credit Cards, Corporate Cash Management and Remittances.
Through its subsidiaries, the Bank offers Leasing and Financing, Investment Banking,
Private Banking, Bancassurance, Insurance Brokerage and Stock Brokerage services.
NON-BANK INSTITUTIONS
SSS provides users with access to your social security records, including various
communication tools, forums, SSS payment services, search services, online transactions
and personalized content. You understand and agree that these services may include
certain communications from such as service announcements and advertisements,
administrative messages and news updates, and that these communications are
considered part of SSS membership and you will not be able to opt out of receiving
them.
2. Compare and contrast the loan requirement of at least two banks and two non-bank
institutions
(visit a bank: ask for application form, attach the form to this assignment)
3. Draw a flowchart on the steps in loan application of a bank and a non-bank
institutions
BANKING INSTITUTIONS
NON-BANKING INSTITUTIONS
FILL UP AN PROVIDE
GET
APPICATION ADDITIONAL
APPROVED
FORM DOCUMENTATION