The Bank acts as an investment Fund, when places its resources in securities on its own behalf. One of the first banks in the modern sense of the term was founded in 1407, the Bank of Genoa. However, the above classification is based on chaotic- tion, haphazard qualifying signs. Petersburg port Commerce and the merchants, appeared in 1754 The term "commercial Bank" arose in the early stages of development banking, when banks served mainly trading Liu (commerce), barter transactions and payments. 2872-1 "On pledge". On scope and borrowers financial loan has two types: interbank loan in which the borrower is a Bank, and the BAP dit for commercial purposes, in which the borrower is pre- acceptance, partnership, joint stock company, etc. The borrower shall reimburse the Bank paid Bank fees, as well as Telegraph and other costs associated using the loan. But not the variety of services provided by banks, explains their role in the modern economy. The decay of the feudal system, the development of cities, trade and reme- villages resulted in an increase of commodity-money transactions and generated Valo the need for intermediaries who can minimize the risks operations with money. Overflow always occurs from the bottom- korinteli business sectors in high yield. Central Bank is owned by member banks of the fed. So, if the Bank draws the funds primarily on the short term, and invests their advantages- public in long-term loans, its ability to meet targets the governments (liquidity) is threatened. Financial advising. However, the above classification is based on chaotic- tion, haphazard qualifying signs. He is providing us commercial banks on behalf of the Central Bank of the Russian Federation of Chapters- NYM management (National Bank) of the Bank of Russia secured th- public securities.
The first issuing Bank is established in 1694 The Bank of England, since he first began to issue banknotes and to consider the commercial Chia bills. To distinguish between Bank and non-Bank financial institution. Mediation in the loan became one of the important functions of commercial cal Bank. To name the main types of banking services. Therefore, the effective functioning the activities of the Central Bank is one of the conditions for effective functioning of the market economy.
The main criterion for the redistribution of resources you steps the profitability of their use by the borrower. Banks create new money in the form of loans. The interest rate on this loan is lower than on fixed-term loans. Thus, banks can influence the development of industries and sectors economy allowing this development. • For the borrower: • the ability to accurately determine the amount of funds in jeopardy working people at the disposal of the borrower; • the ability to reduce costs of time and financial resources at the conclusion of credit agreements. In this case, after the mortgage-credit relations of the seller immediately receives the money from the Bank, the buyer when- acquires all rights of the owner of the object of purchase that cast Menno mortgaged in the Bank. The narrowness of national markets capital the thals, or tactical purposes borrowing may be done for border. 3. Provision of credit in the form of surety or guarantee PR- matrial the right of the Bank (creditor) the unconditional withdrawal of funds in the required size from the accounts of the guarantor or the guarantor, in the case of nepo- of cancellation within the prescribed period by the borrower of the obligations obtained- th loan.
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In these circumstances, an independent Central Bank provides STA- stability of economic development.
There are two types of collateral: (a) the pledge of the remaining property from the mortgagor; b) pledge to transfer the mortgaged property to the mortgagee (for- the treasure).