FINANCIAL SYSTEM Ms heba hassan +249906850429

Constance of financial system

there are three major level complement each other below

Macro

meso

Micro

Macro level

Country or government responsible of this level financial system issue in points :

1- provide the regulation and super vision which organize the relations into financial department and other economic departments

2- provide the macro economic polices

Which is directed to all institutions work in financial department to achive the goal for all partnar

Meso level

Country is responsible in this level with other parts pets like privet department and non- governmental organizations

This level species all basic services make the financial department work sufficiently and achieve good result

This services are:

Audit company services The Real Estate recording services Higher education services Research , consultant and training

services

Micro level

In which institution provide individual financial services directly for the public

This institution conceder as a basic of the financial system

Contain

1-formal :Its an institution start and work their

activity according to special low like banks

Semi formal

Its an institution start and work their activity according to low but not special low like

Cooperatives Non governmental organizations

NGOs Micro finance institutions MFIs Community based financial

organizations CBFOs (SHG)

informal

It an institutions which didn’t work under low whiter activity or start like

ROSCAS rotating saving and credit associations

Money lender