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SS1: ECONOMICS - 3RD TERM

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  1. Mining
    3 Topics
    |
    1 Quiz
  2. Financial Institutions I
    7 Topics
    |
    1 Quiz
  3. Financial Institutions II
    5 Topics
    |
    1 Quiz
  4. Financial Institutions III
    5 Topics
    |
    1 Quiz
  5. Business Organisation
    3 Topics
  6. Money
    5 Topics
    |
    1 Quiz
  7. Channels of Distribution I
    5 Topics
    |
    1 Quiz
  8. Channels of Distribution II
    6 Topics
    |
    1 Quiz
  9. Business Finance
    7 Topics
    |
    1 Quiz
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Lesson 4, Topic 1
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Functions of a Mortgage Bank/Building Society

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Topic Content:

  • Functions of a Mortgage Bank/Building Society
building society loan

The building society provides a variety of functions including banking and lending.

Below are some of the functions of a building society:

1.  They grant loans to individuals and corporate bodies for building purposes. 

2. They encourage 

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