Sunday, July 5, 2015

what is bank ?




What is bank? A bank may be a money intercessor that makes credit by disposal cash to a recipient, thereby making a corresponding deposit on the bank\'s record. disposal activities is performed either directly or indirectly through capital markets. attributable to their importance within the national economy and influence on national economies, banks area unit extremely regulated in referred to as fractional reserve banking beneath that banks hold assets up to solely some of their current liabilities. additionally to different rules supposed to confirm liquidity, banks area unit usually subject to minimum capital needs supported a global set of capital standards.