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Federal Insurance Corporation
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∙ 14y ago
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Is central bank a bank as other banks?
no
What other online banks are similar to Associated Bank?
I know that the main bank that is like Associated Bank is called HSBC. It's also an online bank that has a few branches as well. There are also many offshore banks that are online only.
List of cooperative bank in bohol?
One of the most popular cooperative banks in Bohol is the Cooperative Bank of Bohol. Other reliable and well-known banks in the city of Tagbilaran, Bohol are: PNB or Philippine National Bank, LandBank, BPI, and Metrobank.
What type of bank is used mostly by corporations and other large businesses but may also offer services to individuals?
Commercial Banks
Did Chase Bank take over any smaller banks recently, and if so, what other banks were they?
Yes, they did. They took over Bear Stearns and WaMu.
Which of these acts as bank for other banks?
Federal Reserve System
What banks acts as a bank for other banks?
It varies from country to country. Every country has a central bank that is the bank for other banks in the country. Ex: Federal reserve system - USA Reserve Bank - India etc
What happens to your money in the bank?
your money is problably not kept in the bank but its loaned to other banks and other banks loan to your bank
Is central bank a bank as other banks?
no
What is inter bank lending?
Banks lending money to other banks.
Which is known as bank of bank?
Usually the central bank of a country is called the bank of banks or the banker of banks. When normal banks have a shortage of cash or need some funds or guidance, they go to the central bank. That is why they are called so. In india, the Reserve Bank of India is the bank of all other banks in India.
Rate chase bank against other banks?
Chase Bank is one of the largest banks in the U.S. with trillions of dollars on deposit.
What do you mean by reverse repo according to bank?
When banks have any shortage of funds, they can borrow it from Reserve Bank of India or from other banks. The rate at which the RBI lends money to commercial banks is called repo rate. The Reserve Bank parks its money with other banks at the reverse repo rate.
Definition of apex bank in term of India?
Apex Banks are those banks in India which controls the other bank in india. It is RBI in India.
Differences between functions of the central bank and commercial bank?
central bank does not accept deposit from customers whiles commercial bank does. central bank is responsible for issuing of currencies whiles commercial bank does not. central bank is accountable to the government whiles commercial bank is accountable to the share holders. central bank is not set up for profit but commercial bank is set up for profit. central bank is governed by an act of parliament whiles commercial bank is set up by an incorporation. central bank formulate monetary policies whiles commercial bank does not.
How central bank of nigeria controls other commercial banks?
central bank control other bank by giving them loan and it debited their account.
How does GMAC bank compare to other banking companies?
GMAC bank which is now Ally bank is somewhat like other banks companies, Ally's bank (GMAC bank) is quick and easy. Unlike other banks they perform a credit check, no fees for linked accounts, and no account maintenance fees.
