key factors
Foreign banks in Argentina will be able to work without a license
The Argentine government is developing a new bill that will amend the Capital Markets Law. The main purpose of the new law is to attract foreign investment in the country. Among other proposals, in particular, it is planned to allow representatives of foreign banks and other financial institutions to provide private banking services without a license issued by the Central Bank of Argentina. Continue reading
Interesting facts about loans and banks
Modern Russians have long appreciated all the delights of loans that can be taken at any time, in virtually any amount, for any time frame and with minimal interest rates. You can buy immediately and anything, depending on the desires. The money, naturally, will have to be given later, including a small percentage. Without interest there is no sense of crediting, and therefore it is an integral part of any loan. But these are everyday, well-known realities, and we would like to tell you about the most incredible stories about lending, for example, in ancient Egypt, for example, a special form of a loan agreement was distributed. Continue reading
Deposit operations
According to the economic content of the deposit can be divided into groups:
– demand deposits;
– term deposits;
– savings deposits.
Deposits can also be classified according to other criteria: according to terms, types of depositors, terms of depositing and withdrawing funds, interest paid, etc. Continue reading
