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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. 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
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
