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The Federal Reserve is the central bank of the United States of America and it supervises/oversees the banking operations of all banks in USA. They are responsible for the proper functioning of all the banks and they are also the lender to the banks (The place where banks go to borrow money if they are short of funds)
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Why is the central bank called the bank of banks?
why bank called bank of all banks
Which bank is called banker's bank in Nigeria?
Central bank
How many central bank are there in America?
There is only one Central bank in United States of America and it is called the Federal Reserve. Federal Reserve monitors the functioning of all banks in their jurisdiction and ensure that they function in a just fashion and customers stand to benefit at all times.
Why is central bank called the bank of banks?
because it it seen as the main (central) bank, so it is known as the bank of (all) banks.
What is the national Bank of America called?
1st national bank of America
Name the central Bank of America?
Federal Reserve System
Bank of America was originally called what?
bank of Italy
What was it called when central America declared its independence from Mexico?
Federal Republic of Central America.
What are the chain of volcanic mountains in central America called?
The chain of volcanic mountains in Central America is called the Central American Volcanic Arc. It extends from Guatemala through El Salvador, Honduras, Nicaragua, and Costa Rica, which are all part of the Pacific Ring of Fire.
Which central bank is the official bank of the American Republic?
Bank of America is the central bank that is the official bank of the American Republic. Bank of American has branch locations all over the United States and is one of the largest banks in the country.
What business is Santander Central in?
Santander Central is in the banking business. It is a Spanish banking group and is the largest bank in the area called the Eurozone. It has branches in Europe, Asia, Latin American and North America.
What central bank of the US is often called the banks' bank. What is it?
The Federal Reserve.
