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banks
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalised a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords.
Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancient world. In the history of banking, a number of banking dynasties – notably, the Medicis, the Fuggers, the Welsers, the Berenbergs, and the Rothschilds – have played a central role over many centuries. The oldest existing retail bank is Banca Monte dei Paschi di Siena (founded in 1472), while the oldest existing merchant bank is Berenberg Bank (founded in 1590).
What's your thoughts on this?
Customers at Cyprus' biggest bank stung by 60% raid on savings - Europe - World - The Independent
Personally I honestly can't see how its legal. It's absurd to think a bank can effectively steal people's money to pay for there errors.
If it happened here I'd riot!
I'm with Barclays, only in the middle of my second year of trading and only just started approaching getting busier. Just had a breakdown of last months charges for use of my business account at £35.
a) Is this standard or am I being ripped off?
b) Is there a way round this or do you have to...
Been doing a lot of research on these this week and would like to have a discussion here.
Anybody have one or has fitted one of these?
I'm very intruiged and may be fitting one for a customer in a couple of months.
I prefer the sound of the heat bank arrangement with external plate heat...
Just wanted to ask if anyone has had any dealings with banks or building societies in relation to starting there business?? I'm needing a sum of money and thought I'd ask if anyone has had an experiences worth shouting about???
Thanks
hi
i am installing evac tubes BUT system had 40 hp tubes with 8 litre expansion vessel supplied and i got another 30 tube panel to add to system. it is piped in 22mm copper (about 23m of pipe) i am running it through my existing coil (was on oil burner) of a 250 ltr copper insulated tank and i...
holedoctor
Thread
22mm
banks
burner
copper
expansion
expansion vessel
size
solar
system
tank
vessel
work
Don't mess with a 98 year old lady
THE TIMES - - Letter of the Year:
A SENIOR MOMENT - (I PRAY TO GOD THAT I HAVE THEM LIKE THIS......) An elderly lady actually wrote this letter to her bank. The bank manager thought it amusing enough to have it published in The Times and this newspaper...
Hi, Im just after a bit of advice, more from the experienced self employed persons if possible
Obviously I dont expect your own secrets to success, however just a bit of setting up advice would be highly appriciated.
Okay so- after a long 4 year apprentership and one years "out of time"...
apprenticeship
banks
bathroom
boiler
central heating system
cheap
costs
going
high
hose
insurance
job
jobs
plumbing
problem
running costs
skills
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tiling
tools
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training
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wide
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Hi Guys,
Haven't been around for a while due to practicals but with regards to 6129 - it is due to be replaced by the diploma in September but anyone still on 6129 will be able to finish - no worries. When i asked the tutors they did not seem to think that anything would change from what we...
Just wondering what is the best and cheapest price for a decent pipe bender and blow torch. Looked at:
GLM Hilmor pipe bender
Blow torch = ?
Anyone got one forsale or know where is the best place
Hello guys,
Just want to introduce myself to the foruum and say I look forward to helping and getting advice from all of you.
Basically I have just completed my t4ts practical sessions (week 2) and am now in a position were I may be of some use. I am struggling a little with trying to get...
Jamie Banks
Thread
apprenticeship
banks
job
newbie
plumbers
plumbing
system
training
work
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