0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What was the fuction of the bank of the US?
The function of a bank is the same irrespective of where it operates. The main function of a bank is to play the role of a financial intermediary in the economy. They help keep the cash flow going in the economy by collecting deposits from people with surplus and granting loans with people who need funds. Without banks, the economy may come to a standstill within just a few days.
Where can one find information about Loans bank?
Contacting the bank is the best way to find information about their loan policies. There are different loans available for different reasons. Figuring out what is being financed will help determine which bank to contact.
Where is a good place to compare loans?
The best place to compare loans would be by going to your local bank. They can help you read your past fiances and work out a system that can help work for you.
How does the money you save in a bank account help someone else?
Banks are the financial intermediaries of the economy. Without them there will be no financial prosperity. Banks accept deposits from people who have surplus and lend out loans to people who need the money. They offer other services like bank accounts, credit cards etc. So, the money you save in a bank will given out as a loan and will help someone else.
Where can one find information on low interest home loans?
One place to find out about interest loans is your local bank. They will be able to help guide you into the best loans for you, since they already have a relationship with you.
How do banks help the nation's economy?
the bank help the economy by keeping citizens out of debt and that's my answer and im stupid so dont listen to me
How banks help expand and maintain the economy?
Banks help expand and maintain the economy by providing loans and credit to businesses.
What was the function of the bank?
The main function of a bank is to play the role of a financial intermediary in the economy. They help keep the cash flow going in the economy by collecting deposits from people with surplus and granting loans with people who need funds. Without banks, the economy may come to a standstill within just a few days.
How bank help the economy?
the bank help the economy by keeping citizens out of debt and that's my answer and im stupid so dont listen to me
What was the fuction of the bank of the US?
The function of a bank is the same irrespective of where it operates. The main function of a bank is to play the role of a financial intermediary in the economy. They help keep the cash flow going in the economy by collecting deposits from people with surplus and granting loans with people who need funds. Without banks, the economy may come to a standstill within just a few days.
What are main function of a bank?
The main function of a bank is to play the role of a financial intermediary in the economy. They help keep the cash flow going in the economy by collecting deposits from people with surplus and granting loans with people who need funds. Without banks, the economy may come to a standstill within just a few days.
What is the beneift of deposit accounts?
This type of account can help you to save money over long periods of time. This in turn helps the economy as the bank then has more money to invest or to pay out loans with.
Are the rates for classic car loans different from regular car loans?
I would go to your bank and see what you can find. This will help you.
What are the main function of a bank?
The main function of a bank is to play the role of a financial intermediary in the economy. They help keep the cash flow going in the economy by collecting deposits from people with surplus and granting loans with people who need funds. Without banks, the economy may come to a standstill within just a few days.
Why should New Zealand have a mixed economy?
Most Western style nations have what is called a mixed economy. New Zealand as per the question has one as well. The purpose of a mixed economy is to combine private enterprise and government projects within the economy to maximize the economy's health. For example: In the USA the government is a source of small business loans. This is based on the belief that this sector of the economy is a valuable one and if a small business has a problem getting bank loans, the government can help with some lending. In the USA and other countries like New Zealand, the government owns substantial amounts of land. It may grant private industry to purchase some of it or the government can lease the land in order to produce sources of energy. Thus the government and the private sector work together to benefit the economy and its people. A mixed economy can also enhance the education sector of the economy by providing student loans and by funding public universities.
Where can one find information about Loans bank?
Contacting the bank is the best way to find information about their loan policies. There are different loans available for different reasons. Figuring out what is being financed will help determine which bank to contact.
How can the bank help us?
they can provide you temporary loans. They can also give you interest when you invest into them.
