The following story is going to explain the role of banks. In the past most societies used different objects as money. Some of these were valuable because they were rare and beautiful, others- because they could be eaten or used. Early forms of money like these were used to buy goods. They were also used […]
The Bank, being the product of the needs of the economy, in the midst of economic life, aims to promote the interests of their clients. It is no coincidence therefore, in recent years, more and more established the ideology of the bank as a partner. Partnerships have certain properties. They are characterized by:
The history of ancient times did not leave enough complete information about when the banks have, what operations they perform, which was the driving force behind their development. Now save the details of the first money of ancient peoples (shells, furs, gold bullion coins of the primitive), but not about banks. In other words, modern […]
Observations on the origin of the bank, no doubt, are essential for analysis, as if they are closer to disclosing the essence of the bank, but not everything is clear, the essence of the bank remains a mystery. Banking institutions varied. In modern society, banks have engaged in various kinds of operations. They not only […]
The Bank is a member of the banking system. This means that it should: 1) have such generic properties that allow it to be an organic part of the whole (to have the status of the bank, the license for banking operations), operate under the general rules of the game; 2) operate within the general […]
1. The banks productivity Benchmarking studies comparing how banks in different countries go about their business, show that there is a wide spread in productivity. In 1991, added value per working hour was 93 USD in America versus 84 USD in Asia and only 52 USD in Europe. The number of people employed by the […]
The price charged for a credit must cover the banks administrative and refinancing expenses. Most important, the margin must reflect the risk that is associated with each particular credit. The various factors influencing the pricing decisions are as follows:
This chapter will focus on loans as a means of financing a company. Financing instruments like leasing or factoring , in effect, pose similar risks as loans. It is mainly for tax-driven reasons that companies resort to leasing. Since tax laws are very different even within Western countries, this chapter will only give a brief […]
International operations 1 Objectives may be different: To accompany their customers when they invest abroad To develop a standard banking activity
During the last ten years, economic evolutions, disintermediation, internationalization and technological evolutions have contributed to the development of market activities.
