Interesting facts about the banks of the world
The more familiar word "bank" originated in Italy. The indigenous population gave usurers securities and money in the hope of their return. If the money changers went bankrupt, then they…

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Bill circulation in the bank
Bill circulation exists in the economic life of various countries for several centuries. During this time, considerable experience has been gained in the use of bills of exchange; there are…

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How to open a bank account in England to a non-resident?
Over the past few years, the opening of a foreign account in the Bank of England to a non-resident has grown into an impossible mission, despite the fact that the…

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Currency operations of commercial banks and their role in economic development
In the conditions of transition of the economy to market relations and the development of the banking system, the development and improvement of currency operations of commercial banks is of…

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Interesting facts about the banks of the world

The more familiar word “bank” originated in Italy. The indigenous population gave usurers securities and money in the hope of their return. If the money changers went bankrupt, then they smashed their heads on the bench, which was their workplace and was intended for laying out coins and business papers. Thus, the word bankrupt from banco rotto – broken bench and banco – bench. Continue reading