Non-state Institutions

Non-state institutions

entities that operates even without support from the government

“stateless” since they are considered to be independent of any state

autonomous from state

Bank

business that provides financial services to consumers

4 basic services of Bank

1. checking accounts

2. savings account

3. loans

4. basic cash management services

Commercial Bank

offer basic banking services including deposit accounts and loans to consumers and small midsize businesses

Bangko Sentral Ng Pilipinas

central monetary bank established in January 3, 1949

Savings and Loan Association

known as savings bank, thrifts, and thrifts institutions-are financially owned bh their customers or shareholders

Saving Banks

interest-bearing deposit account held at a bank or other financial institution

Credit Union

nonprofit financial institution that’s owned by the people who use its financial products

Corporation

“joint-stock companies” for they are jointly possessed by various individuals who receive share of stocks in exchange for the money they invest

Basic Types of Stock

1. Common Stock

2. Preferred Stock

Common Stock

referred to as ordinary shares-represents partial ownership in a company

Preferred Stock

“preferance shares” for they entitle the holder to regular divided payments before dividends are issued to common shareholders

RA 1459

5-15 persons, a majority of whomare residents of PH islands may form a private corporation for any lawful purpose by filing with the Division of Archives, Patents, Copyrights, and Trade-marks

Cooperatives

voluntary organization of people who have agreed to pool their resources together to undertake an economic enterprise to meet their everyday needs

Trade Unions

voluntary associations of either employees, employers, or independent workers to protect their interest and become an instrument of defense against exploitation and maltreatment

Transnational Advocacy

cause-oriented organization that operates in more than one nation

Development Agencies

established primarily for the purpose of economic and social growth

International Organizations

membership group that functions across national borders for well-defined purposes

Intergovernmental Organization (IGOs)

organizations that have governments as a member (member-state)

North Atlantic Treaty Organization (NATO)

security by political and military means safeguard the allies freedom and security by political and military means

The African Unions

Established to promote the unity and solidarity of African countries, defens state sovereignty, eradicate colonialism, promote international cooperation, and coordinate and harmonize Member States’ policies

International Non-Governmental Organizations (INGOs)

same as NGOs but have to headquarters around the world

Non-Governmental Organizations

provide assistance, aid and support to the community especially during calamities or crisis