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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Where can I get information about the reliability of the bank
When choosing a servicing bank, potential clients first of all pay attention to the following factors: availability of the whole range of products and services they need and attractiveness 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.
However, in Europe in the Middle Ages, the head of the Catholic Church, the Pope of Rome assured that usury is a terrible sin that should not be dealt with by anyone. At that time, the church considered all money changers and usurers to be sinners, they were not allowed to participate in the sacrament of communion and were buried outside the cemetery. Thus the church tried to eradicate profit from borrowers, as the possibility of making money on the financial difficulties of some residents. But since that time, a large amount of time has passed, the entire credit system has changed and, probably, every adult person has ever taken a loan or loan from a bank, sometimes from hopelessness, and sometimes from what he wanted to get what he wanted. Today you can get loans online, even without leaving your home, there is a list of lenders who give small loans, the borrower is only required to fill out an elementary form.
The oldest bank in the world exists in the city of Italy – Sienna, opened in 1472, firmly holds the position of leader in the country. This is the famous Monte dei Paschi di Siena, which is involved in financial transactions with small and medium-sized businesses, as well as individuals. Bank customers – about 4.5 million people in the country. Its predecessor Wegelin & Co, founded five years earlier in Switzerland, was closed in 2013.
Interesting facts about the banks of the world (4 photos)
In the north of Italy, the credo Emiliano Bank takes the most demanded local product – the cheese heads – as property value. The borrower-cheese maker Parmesan has no more than 3 years to pay off the debt and return your product. Otherwise, the bank will sell the cheese at auction and will cover the loan of the borrower. During the financial deal, Parmesan heads mature in special temperature-controlled chambers belonging to banks. In the whole room, as well as outside of it, video cameras are installed.
Interesting facts about the banks of the world (4 photos)
The largest number of banks is concentrated in Switzerland – 400 institutions with total deposits of 52 trillion dollars. One of the accounts belongs to V.I. Lenin and amounts to 13 francs. To date, the account of the Soviet political figure remains the same.
Interesting facts about the banks of the world (4 photos)
If in ancient Rome the borrower was not able to repay the debt, then he was put in prison for 1 month. At this time, his relatives had to pay a certain amount for the redemption of the malicious borrower. Otherwise, after 1 month it was put up for sale in the slave-owning market.
However, not only ordinary people were not able to pay for financial transactions. So in the Middle Ages, kings took large sums of money for their own needs. Lenders hoped that people in power would return a sum of money to them. However, soon the lender completely broke.

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…

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