Questions to ask a banker before investing
A private bank, managing other people's assets rarely takes a large commission. Often we are talking about 1-2% per annum of the size of the assets. The proposal looks tempting,…

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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.…

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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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Offshore World Bank Almanac - Canada
Canada is not a traditional offshore jurisdiction. Taxes in Canada are higher than in the US, and you are unlikely to open an account in Canada remotely without special knowledge…

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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 of education, the nature of circulation. It is part of the financial market.
The main purpose of the securities market is to accumulate temporarily free funds in order to invest them. To accomplish this goal, the securities market performs certain general market and specific functions. Continue reading

Ways to prevent bankruptcy of commercial banks in Russia

During the years of the crisis, which has lasted since 2014, the financial and economic sector has been severely shaken. After the introduction of restrictive sanctions, the deterioration of the life of the population, constant jumps and the growth of currency rates, reduction of gold and currency standards by 80 billion dollars, the efficiency of banks has sharply decreased. Unable to withstand the economic pressure, about 120 banks closed over two years and today their number was about 714. Continue reading