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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World banking systems
In world practice there are the following banking systems: 1) two-level: 1st level - Central Bank, 2nd level - commercial banks; 2) a decentralized banking system of the United States…

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Sweden and the Netherlands demand to disclose the clients of the Swiss UBS

It recently emerged that Sweden and the Netherlands filed administrative requests with the Swiss authorities asking them to state the names of their citizens who own accounts at UBS in Zurich to find out if they paid taxes or not. Previously, similar requests were also filed by Spain and France, relying on information received from the German authorities, who since 2010 have conducted several fiscal investigations based in part on information obtained in Switzerland through unofficial channels. 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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