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The lowest rate of interest which banks can offer is called the?
Wiki User
∙ 8y ago
reserve ratio ;p
Wiki User
∙ 8y ago
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What is an opening price point?
lowest price supplier can offer
What are three services that banks provide?
The three services that banks provide include saving accounts, accepting deposits and providing loan facilities. Banks have diversified their service and have so much more to offer.
What are the classification of banks?
Banks can be broadly classified into many categories based on the functions they perform and based on the services they offer. Some of the types of banks are: 1. Commercial/Retail Banks 2. Private Banks 3. Investment Banks 4. Rural Banks 5. Co-operative Banks 6. Industrial Banks 7. Etc.
If two banks offer risk-free interest rates on both savings and loans but one is 5.5 percent and the other is 6 percent what arbitrage opportunity is available?
Arbitrage OpportunityArbitrage opportunity is any situation in which it is possible to make a profit without taking any risk or making any investment. The arbitrage opportunity that is available is to borrow from the bank with 5.5 percent interest and deposit it in the one with 6 percent interest. And this would happen: While the bank with 5.5 interest would experience a demand for loans, the bank with 6 percent interest would experience a surge in deposits. As a result, the interest rate at the first bank would increase while the interest rate at the second bank would decrease.
What is a price offer called in a bidding?
A price offer in bidding is called a bid price. Someone bidding on something, like at an auction, can bid on the item, which is called the bid price.
What is the lowest interest rate banks can offer called?
Prime Rate -A+
Which banks offer the lowest interest rates?
There are a number of national banks located in Canada that offer competitive interest rates on a variety of financial products. These banks include: RBC, CIBC, TD canada trust, BMO, and Scotiabank.
Which banks offer the lowest interest rates for a personal loan that will result in the cheapest repayment?
There are several banks that currently offer loans with a reduced interest rate. It is important to know, that interest rates change daily, and you must check often if interested in a loan. Today, however, TD Bank, and Citizens are among some of the lowest rates.
What online companies have the lowest interest rates on pay day loans?
Check2Go and CashAmerica have the lowest interest rates on pay day loans. Both of these companies offer competitive rates but not as low as banks.
What banks offer a high interest CD?
"When looking for Banks that offer High interest Cd's, your going to want to look at credit unions and or banks that offer high interest rates for business accounts."
Which banks offer the lowest mortgage interest rates?
It depends on your situation. Some banks will be able to give you better rates than others who usually are higher and vice verse.
What banks offer high interest rate accounts?
Different banks will offer different interest rates. Some banks that offer high interest rates include Ally Bank and Capital One which has an interest rate of 0.84% and 0.75%.
Which banks offer a first home mortgage with a low interest rate and a low down payment?
The best way to get the lowest rate is to shop around and see what different banks offer. Normally, smaller banks and credit unions will have better rates than the big national banks.
What banks offer the lowest rate home equity loans?
There are two banks that offer the lowest rate home equity loans. These two banks that offer low rate home equity loans are RBC and The Bank of America.
What banking institutions are offering the lowest interest rates for a personal loan?
The banking institutions who currently offer the lowest rates on a personal loan are generally credit unions and community credit unions. Large banks offer higher rates.
Where can one find the lowest rates for a car loan?
There are several websites which offer side by side comparisons of what the big banks offer for low interest rates for car loans and the length of the term.
What banks have the lowest interest loan rates?
Most banks offer competitive loan interest rates as the banks do not wish to lose customers. If one happens to find a lower rate than they are being offered at their bank, one would simply need to talk to their loan office and negotiate the rate.
