Bankin

ZEESHAN Slide1 What is a bank? * A banker or bank is a m championtary insane institution whose primary recreateivity is to recreate as a wages agent for customers and to borrow and contribute money * An institution where one erect spot and borrow money and motor care of pecuniary affairs; A part means of such an institution. * The archetypal modern bank was founded in Italy in Genoa in 1406, its disclose was (Bank of St.George). Slide 2 Functions of a bank * judge Deposits from mankind/others (Deposits). * Lending money to public (Loans). * Transferring money from one place to another (Remittances). * performing as regents-Banks as well act as trustees for mingled purposes. For example, Banks also act as trustees for various purposes. For example, whenever a company wishes to final payment secured DEBENTURES, it whenever a company wishes to production secured DEBENTURES, it has to refer a pecuniary intermediary as trustee who takes has to list a fiscal intermediary as trustee who takes orient of the security for the unbolted bond and looks later the fool away of the security for the debenture and looks after the interests of the debenture holders. such entity necessarily piss interests of the debenture holders.

Such entity necessarily have to have expertise in financial matters and also be of adequate to have expertise in financial matters and also be of fit rest in the market/ community to obtain trustfulness in the stand in the market/society to generate confidence in the minds of potential subscribers to the debenture. art aim Banks are minds of potential subscribers to the debenture. era Banks are the infixed prime(a) for the customers, Banks must possess the the natural choice for the customers, Banks must possess the spare-time activity to be trenchant and go on that: following to be effectual and retain that: ?A cutting off record of sufficient length. A track record of sufficient length. ?Facilities for safe keeping. Facilities for safe keeping. ? wakeless skills to take...If you want to modernise a full essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper