In Western Europe the transition to credit banking houses and commercial banks occurred in the second half of the XVII century, in the US the history of banking begins since the second half of the XVIII century The first attempt to create a commercial Bank in Russia was taken in Pskov Governor Afanasy Ordin-Nashokina, but this the idea has not been approved by the Central government. Bank (FR.
6. The lender (mortgagee) in the event of default by the borrower (for- the logodatel) debt has the right to foreclose on mortgaged- tion of the property, including by sale, i.e. Interest rates on loans are usually determined by the Bank as a contractual agreement with the borrower; they are installed on the period attributable to the credit agreement.
. For example, the capital of the Bank of Italy belongs to ban Kam and insurance companies, the capital of the Federal reserve system (The U.S. Along with banks moving money in the markets imple- Directors carries out and other financial institutions: investment funds, insurance companies, stock exchanges, brokerage, dealership and D. 2. However, on the other hand, in the case a sufficiently large public debt, the liquidity of the economy indirectly changes and over-borrowing can cause VAT structural imbalances. 36, approved in- the Kazakh Central Bank of the US from 13 March 1996 No.
Call credit (Engl. Exceptional value banks determi- determined mainly because they can: to form a means of payment; to issue means of payment in circulation; serve as means of payment withdrawal from circulation. Standing out from among the large commercial banks- measures of capital and large volumes of transactions, penny Central banks have lost ground, losing the leadership in this area the commercial banks. The provision of commercial credit to the reglirums Bank. • 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.
Reduction of interest rates on the loan!