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Corruptly..... Egger to put the majority into debt. Ask your self..... Why would a Bank Charge high interest rates to a client who they consider high risk? Wouldn't high interest rate turn some one away from actually paying the money back to the lender. If I borrowed $1000 at 20% interest and could only afford to pay back the loan at $30 a month I would never pay back the loan because each month the $30 I pay would only be paying for the interest.
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∙ 14y ago
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What types of banks are allowed to operate foreign currency accounts?
Foreign Banks
Does banks operate money gram in Tehran?
Yes
What factors hinder growth of rural banks in the world?
Profitability is the biggest factor that would hinder the growth of rural banks. Rural banks operate in villages and rural areas of a country. The number of customers and the kind of services that are offered in rural banks are significantly lesser than regular banks. Banks cannot charge any fee because rural customers wouldn't want to pay any fee to operate bank accounts and may not deposit much money either. So, the banks cant make much profits through their rural branches. So, banks may not be motivated much to open or operate such branches.
What are the main functions of nationalised banks?
The functions of nationalized and private banks don't differ much. Except for the fact that nationalized banks are owned by the government, they do exactly the same thing private banks do. One difference I can think of is that, they operate in rural areas where private banks don't see any profitability to operate. They may help provide financial services to rural people.
List of US companies that operate internationally?
Some US companies that operate internationally include Coke, Pepsi, McDonald's and Taco Bell. There are many more who operate internationally such as banks.
What types of banks are allowed to operate foreign currency accounts?
Foreign Banks
How many banks operate in Kenya?
43
Does banks operate money gram in Tehran?
Yes
How many Asian banks operate in Italy?
42 moms.
How the foreign bank operate in India?
Foreign banks operate in India, just the way the local banks do. They are bound by all the rules and regulations that are applicable to banks based out of India and they are governed by the Reserve Bank of India that controls/governs all banks operating in India. Some of the foreign banks that operate in India are: 1. Citibank 2. HSBC 3. Standard Chartered 4. Barclays 5. Etc.
What factors hinder growth of rural banks in the world?
Profitability is the biggest factor that would hinder the growth of rural banks. Rural banks operate in villages and rural areas of a country. The number of customers and the kind of services that are offered in rural banks are significantly lesser than regular banks. Banks cannot charge any fee because rural customers wouldn't want to pay any fee to operate bank accounts and may not deposit much money either. So, the banks cant make much profits through their rural branches. So, banks may not be motivated much to open or operate such branches.
What are the main functions of nationalised banks?
The functions of nationalized and private banks don't differ much. Except for the fact that nationalized banks are owned by the government, they do exactly the same thing private banks do. One difference I can think of is that, they operate in rural areas where private banks don't see any profitability to operate. They may help provide financial services to rural people.
List of US companies that operate internationally?
Some US companies that operate internationally include Coke, Pepsi, McDonald's and Taco Bell. There are many more who operate internationally such as banks.
What region of the U.S. do mutual savings banks primarily operate?
Mutual savings banks exist mainly in the eastern part of the United States.
Which banks operate only online?
Banks that only operate online include ING Direct, iGo Banking, ETrade Bank, HSBC Direct, First Direct, PC Financial, Citizens Bank, Rabo Direct and Inteligo.
Can you have the same bank in Ireland And UK?
Yes. Some banks do operate in both countries.
What is foreign banking system?
A foreign bank is a bank that was established in a different country and is also serving customers of another country. Foreign banks operate in india, just the way the local banks do. They are bound by all the rules and regulations that are applicable to banks based out of India and they are governed by the Reserve Bank of India that controls/governs all banks operating in India. Some of the foreign banks that operate in India are:CitibankHSBCStandard CharteredBarclaysEtc.
