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What types of loans does Commercial Mortgage Bank offer?
Commercial Mortgage bank offers a variety of loans through their bank that includes home loans, student loans as well as business loans to their customers.
Is it better to have a bank account or keep your money at home?
It is better to keep the money in a bank account because:The money will earn an interest which will be an additional income for youThe bank will grant loans to other customers who need the moneyThis money will be used by those customers for their business needs
What is bank customers share of the profits made on loans?
Savings account interest is the bank customer's share of the profits made on loans.
What are some advantages of Financial Institution regulations?
Some advantages of financial institution regulations are that they keep banks from being able to rob their customers. It also prevents them from giving loans to people who the bank knows will not be able to pay the loans bank, putting the bank in financial jeopardy which would make the government have to step in.
Can bank raise any amount of deposit irrespective of their capital?
Yes. There is actually no limit to the amount of money a bank can raise as deposits. The main business for banks is accepting deposits and granting loans. The more the loans the banks disburse the more profit they make. Also, banks do not have a lot of their own money to give as loans. They depend on customer deposits to generate funds for granting loans to other customers. So a deposit mobilization scheme would encourage customers to deposit more cash with the bank and this money in turn will be used by the bank to disburse more loans and generate additional revenue for themselves.
What types of loans does Commercial Mortgage Bank offer?
Commercial Mortgage bank offers a variety of loans through their bank that includes home loans, student loans as well as business loans to their customers.
What type of loans does chase bank offer?
The Chase Bank offer a variety of loan types to customers. One can get home finance loans from them as well as auto loans and student loans. Loans can be applied for online.
Is it better to have a bank account or keep your money at home?
It is better to keep the money in a bank account because:The money will earn an interest which will be an additional income for youThe bank will grant loans to other customers who need the moneyThis money will be used by those customers for their business needs
What is a non bank lender?
A non-bank lender is an individual or a private company that is lending loans to customers but is not a registered bank. For ex: I can open up a private lending firm and grant loans to customers who are in need of cash and charge them an interest for the loans I grant.
What is bank customers share of the profits made on loans?
Savings account interest is the bank customer's share of the profits made on loans.
What are some advantages of Financial Institution regulations?
Some advantages of financial institution regulations are that they keep banks from being able to rob their customers. It also prevents them from giving loans to people who the bank knows will not be able to pay the loans bank, putting the bank in financial jeopardy which would make the government have to step in.
WHAT IS the role of marketing to support bank deposit mobilization?
As you might already know, the main business for banks is accepting deposits and granting loans. The more the loans the banks disburse, the more profit they make. Also, banks do not have a lot of their own money to give as loans. They depend on customer deposits to generate funds for granting loans to other customers. So a deposit mobilization scheme would encourage customers to deposit more cash with the bank and this money in turn will be used by the bank to disburse more loans and generate additional revenue for themselves. The role of the marketing department here is to reach out to more and more customers and explain to them the benefits of depositing their money with the bank thereby generating more deposits for the bank.
Can bank raise any amount of deposit irrespective of their capital?
Yes. There is actually no limit to the amount of money a bank can raise as deposits. The main business for banks is accepting deposits and granting loans. The more the loans the banks disburse the more profit they make. Also, banks do not have a lot of their own money to give as loans. They depend on customer deposits to generate funds for granting loans to other customers. So a deposit mobilization scheme would encourage customers to deposit more cash with the bank and this money in turn will be used by the bank to disburse more loans and generate additional revenue for themselves.
What are a few services Chase Bank offers?
Chase Bank offer many services for its customers. A few are online and mobile banking, and auto loans. For auto loans, chase might be able to lend you some money so that you can buy the car that you want.
What do you mean by no accessibility to bank credit?
Bank Credit is one of the less commonly used terms for "Loans". The term no accessibility to bank credit means, the person/entity is unable to get any loans from a bank. Banks usually grant loans only to creditworthy customers. If the customer has a past history of default or has low/irregular income, the bank may decide to not grant any credits/loans to those customers.
What is deposit mobilisation in banking?
As you might already know, the main business for banks is accepting deposits and granting loans. The more the loans the banks disburse the more profit they make. Also, banks do not have a lot of their own money to give as loans. They depend on customer deposits to generate funds for granting loans to other customers. So a deposit mobilization scheme would encourage customers to deposit more cash with the bank and this money in turn will be used by the bank to disburse more loans and generate additional revenue for themselves.
What is the meaning of Mobilization of credit in banking?
As you might already know, the main business for banks is accepting deposits and granting loans. The more the loans the banks disburse the more profit they make. Also, banks do not have a lot of their own money to give as loans. They depend on customer deposits to generate funds for granting loans to other customers. So a deposit mobilization scheme would encourage customers to deposit more cash with the bank and this money in turn will be used by the bank to disburse more loans and generate additional revenue for themselves.
