0
The purpose of the First National Bank was to handle the financial needs of the United States, as well as to provide financial stability, establish credit and to resolve the issue of Fiat money issued by the Continental Congress.
Fiat Money: anything declared by the government to be legal tender examples: United States Dollar, British Pound, Euro etc.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What was the primary function of the second national bank?
The primary function of any bank is to make a profit
What is the Function of bank teller?
The main function of a bank teller is to interact with the customers of the bank. The bank teller can process the needed transactions of the customer.
What is the main function of the US cabinet?
The main function of the Cabinet is to advise the President on important national and international issues
Which bank is main promoter of national stock exchange in India?
IDBI
What is the swift number of Philippine national bank baliuag bulacan branch?
The only listing for Philippine National Bank is the main branch in Manila. It is PNBMPHMM.
What is the function of the international bank?
Q:describe the function of the international bank ?
What is the function of NABARD in India?
NABARD stands for the National Bank for Agriculture and Rural Development. The function of this establishment is to mandate the flow and promotion of agriculture in India.
What was one function of the national bank?
the function was to provide a safe place to keep government funds and it could also issue paper money as the currency.
What was the function of the first national bank?
the function was to provide a safe place to keep government funds and it could also issue paper money as the currency. :D
Do you have to bank with First National Bank?
Only if you want First National Bank to be your bank.
Is there a National Bank of Greece in Izmir?
During the Ottoman Period, there was a famous National Bank of Greece location in Smyrna. With the population transfer in 1923, one of the main casualties were the Greek structures in the now-Turkish Izmir. The National Bank of Greece building still exists, but as a tourist attraction today.
Which is the intermediary bank for Punjab national bank?
yes Punjab national bank is nationalized bank
