Offshore World Bank Almanac - Canada
Canada is not a traditional offshore jurisdiction. Taxes in Canada are higher than in the…

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Swiss accounts: how to open a Swiss bank account?
Swiss accounts are recognized as one of the most reliable and respected in the world.…

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Commercial Bank
Credit organizations are divided into banks and non-bank credit organizations. The latter can only perform…

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Deposit operations
According to the economic content of the deposit can be divided into groups: - demand…

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The banking crisis in Europe: Deutsche Bank is just the tip of the iceberg

The banking crisis in Europe is gaining momentum. And although the facts of this destructive process are hidden, more and more moments become visible to others. This was particularly vividly illustrated by the example of Deutsche Bank, which received several blows from different sides at once.
However, it is only the tip of the iceberg, visible to the whole problem, while almost every bank in Europe is in a risky situation.
Can Deutsche Bank suffer the fate of Lehman Brothers? Continue reading

Theoretical aspects of cash and settlement services for individuals and legal entities

The banking system is a combination of credit institutions and various types of national banks operating through a monetary mechanism.
Commercial banks are banks, service organizations, as well as their customers.
Commercial banks, and in particular, Sberbank of Russia, plays an important role in implementing the policy of the Central Bank of the Russian Federation, ensuring compliance with the amount of cash in circulation, managing inflation, the ruble exchange rate, maintaining stability of monetary circulation in the country, the level of employment, and maintaining normal economic growth.  Continue reading