0
A member bank is required to purchase stock from its Reserve Bank in an amount equal to 3 percent of its combined capital and surplus.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Why is it that saving is equal to investment?
Savings must equal investment because by definition loans (investment that the banks make are taken from savings (bank accounts) from people.
Will I be able to speak with an investment advisor at my local Bank of America?
Yes, you can definitely speak with an investment advisor at my local Bank of America. However, you must be a client or you will have to pay a fee.
Where to get medallion signature guarantee in Spencer Iowa?
The investment/brokerage company located in the Farmers Bank has it, but you must be a client with them.
How does one begin the process of investment banking?
To become an investment banker, one must first usually obtain a business degree, preferably an MBA. Then one needs to find an entry level job with an investment bank to get a foot in the door.
Property Investment Services In Central Coast - Sharp Property Agent?
We offer the perfect property investment facilities in the Central Coast, New South Wales. Plan to make an investment? there must be professional advice for you
What bank is the best bank for student checking?
One of the best banks for student checking is Educators Credit Union. However, in order to be a member, you must be related to an educator or city worker.
What happens to a joint account when the primary divorces the secondary member of the account?
All accounts of every nature should be addressed in the Separation Agreement and the Divorce Decree. The joint credit card accounts and any joint bank or investment accounts must be negotiated by the parties (through their attorneys) as to who pays what and who gets what. Property, debts and assets must all be addressed at the time of the divorce.
How does one create an account at central pacific bank online?
You must be a member of Central Pacific bank to create an account online. You will need your basic info as well as your account number. you can visit the bank's webpage to create your account.
Why is the world bank important?
The World Bank is important because it provides financial and technical assistance to developing countries to reduce poverty and promote sustainable development. It helps countries improve their infrastructure, healthcare, education, and governance systems. The World Bank also conducts research and shares knowledge to help countries implement effective policies and reforms.
How would you describe the cost of capital?
The minimum rate of return the company must earn to be willing to make the investment. It is the rate of return the company could earn if, rather than making the capital investment, it invested the money in an alternative, but comparable, investment.
How do you get a family member to sign a Quit Claim Deed?
You must make an offer to purchase their interest and the offer must be acceptable to them.
What kind of account should I invest in if I want enjoy more returns?
You should open an investment savings account. It will help you earn Islamic bank profits rates as well as the savings will be maintained. You must check out the bank's website for more details.
