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∙ 11y ago
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How does Viewpoint Bank compare to other popular banks?
Viewpoint bank is the 307th largest bank in U.S. and 24th in Texas. This bank has a total asset of $2.2 billion. The figure makes it very clear that compared to other popular banks it is not of the same magnitude.
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 makes ViewPoint Bank different from all the other banks?
ViewPoint Bank is different from all of the other bank because they claim to have very secure accounts for people as well as low fees for using their services.
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 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.
What is an associated bank for?
Associated banks can be used to accommodate customers from an affiliated bank. This makes for easier banking for traveling customers. Banks pay a membership fee for this association.
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.
How central bank of nigeria controls other commercial banks?
central bank control other bank by giving them loan and it debited their account.
