Commercial Bank
Credit organizations are divided into banks and non-bank credit organizations. The latter can only perform individual banking transactions. A commercial bank is an organization created primarily for the accumulation of…

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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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legal

PASSIVE OPERATIONS OF THE BANK

Passive operations are operations for the accumulation of funds. As a result of these operations, funds from businesses and individuals, government funds, and shareholders’ funds, which are used to conduct active operations, are attracted to the bank.
As a result of passive operations, banking resources are formed, which are reflected in the bank’s liabilities side. Sources of formation of banking resources are own, borrowed and borrowed funds. Continue reading

How can a non-resident open an account in Europe without visiting a bank?
Today, a foreign bank account in a country with a reliable and well-organized banking system is an indispensable tool for both private and corporate individuals. Problems in the banking sector…

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