Results for: Bank

In Banking

What is bank?

A bank is a place where people deposit money and save their incomes. Banks offer interest on money saved and also offer other services such as loans and mortages.

Where is the bank?

A bank is a financial institution which is used to carry outtransactions, deposit your cash, and keep your savings safe at. Abank is normally located in every town (usually in (MORE)
In Banking

What does a bank do?

In basic terms a Bank accepts money for deposit - paying interest for the use of people or companies money - protecting it and then turns around and lends that money out charg (MORE)

What do banks do?

Banks provide depositories for funds, and allow individuals, companies and organizations to move funds without the need to withdraw cash and deliver those monies to pay debts. (MORE)
In Banking

Who does the bank answer to?

In the U.S. the bank answers to the office of the comptroller of the currency. The federal reserve and state regulators also set some regulations.
In Banking

Why do you have banks?

Banks are an integral part of an economy because they keep the cash flow circulating between those who have surplus and those who need cash. Banks accept deposits from peop (MORE)
In Banking

What is banks?

Banks are financial institutions extending finance to individuals, industries for overall economic growth of the country. In fact banks are the backbones of the economy of any (MORE)
In Banking

What is a bank?

A bank is a financial intermediary that accepts deposits andchannels those deposits into lending activities, either directly byloaning or indirectly through capital markets.

What is banking-?

Banking is an activity ,which involves acceptance of deposits for the purpose of lending or investing. A banker is one who undertakes banking activities.