Brokerage operations of banks in their accounting
The securities market is similar to the market of any other commodity, but it also has its own characteristics, which are determined by the specifics of the commodity, the method…

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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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obligation

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 various versions of these securities.
None of the instruments of the financial market, except, of course, the money itself, in all the numerous manifestations of their economic functions, can be compared in its history and value with a bill. It was the development of circulation of bills of exchange that depreciated all cash payments: the displacement of metals – gold and silver from money circulation, the replacement of exchange circulation equivalents with paper symbols. 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…

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