ROLE OF COMMERCIAL BANKS IN NATIONAL ECONOMY
Journal: Synergy of Science (Vol.2, No. 1)Publication Date: 2016-08-31
Authors : Vorotnikova V.A.;
Page : 21-27
Keywords : bank; banking activities; passive transactions; commercial bank; banking services.;
Abstract
All activities of bank consist in rendering services to the clients. These services consist in accomplishment of the transactions directed to attraction and storage of money, ensuring calculations between clients of bank in the course of their activities, placement of the raised funds in transactions on crediting and in securities for the income acquisition directed on implementation of the functions by bank. Banking activities share on active and passive. Passive and vigorous activity of bank are interconnected, the resources which are available for bank determine the size and structure of active transactions. The profit of bank depends on a margin between the price of resources and profitability of active actions.
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Last modified: 2016-09-13 21:02:51