Banks

In mid-2007, Russia has already acted more than 1000 banks, having the right to conduct various banking transactions. A lot or a little? What services are provided by banks? What is the principle of operation of these institutions? Banking system today – one of the most important structures that facilitate economic development in general and increase the living standards of citizens in particular. Virtually any customer of the bank under certain conditions can take a mortgage loan car loan or education loan, for example. Without the time and effort it is now possible to get an international atm card (such as card visa, mastercard or maestro) and pay for purchases and services in all countries. You can do denominated or foreign currency deposits, and not only to ensure safe storage, but also a permanent augmentation of the earned money.

Generally, the primary function of banks – providing financial services to individuals and legal entities, if we consider the function of banks in more detail, we can identify the following: the transformation of temporary surplus funds in kapitalkreditovanie individuals, legal persons and in fulfilling predpriyatiyposrednichestvo various financial operatsiySvoim banks offer customers increasingly wide range of services: from already spent deposit-lending operations to such new, as leasing or factoring. Nevertheless, despite similar goals, functions and working methods, there are several types of banks: central bank (usually public) commercial bankiinvestitsionnye bankisberegatelnye bankiipotechnye that of the names is understandable, what makes emphasis each of the groups bankov.Esli Generally speaking, the income of the bank consists of the difference between gross income and expenditure. In essence, the bank – the intermediary between those who have an urgent temporary need for cash and those with whom they released, so his income depends on the volume produced by bank deposits and investments, the value of the interest rate. Interesting system in which the interest rate is determined. Takes into account such factors as: the interest rate set by the Central Bank, the total price of investments, loans, the proportion of supply and demand for loans; the presence and degree of risk (in each case), the term of the loan, the rate of inflation in the country, one way or another banking is becoming more and more popular.