How To Provide Financial Services

Table of contents:

How To Provide Financial Services
How To Provide Financial Services

Video: How To Provide Financial Services

Video: How To Provide Financial Services
Video: Any Company Can Offer Financial Services 2024, May
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Financial services are those that are provided by your organization through financial intermediation. You can provide services in banking, leasing, lending and brokerage.

How to provide financial services
How to provide financial services

Instructions

Step 1

A bank is a profit-making or government-owned institution that carries out various types of banking and lending. To provide banking services, you will have to open a legal entity. The form of ownership of this organization does not matter. Most often, a bank is opened in the form of LLC, OJSC or CJSC. The governing body of the bank is the meeting of its shareholders - holders of shares (a type of securities). The executive body of the bank is usually the board of directors or the board of the bank.

Step 2

Having opened an investment bank, you will be looking for and attracting investors and sponsors for various companies. In addition, investment banks provide consulting services in the field of buying and selling a business, developing business plans, and can also participate in the circulation of bonds and other securities. Most often, these banks are international organizations.

Step 3

If you have your own insurance company, then you will deal with the design and conclusion of insurance contracts with certain categories of the population, as well as their service. True, you can open such a company only if you have an amount sufficient for the start-up capital - namely, 30 million rubles. To begin with, register as a legal entity, its form is also not important for a bank. After that, you will have to obtain a license to provide insurance services from the local branch of the Ministry of Finance.

Step 4

It is not necessary to register as a legal entity to become a broker. Brokerage services can also be provided by an individual entrepreneur. A broker is an intermediary who performs his functions for a certain fee - commission.

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