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What else can I help you with?
Explain why banks must balance profit and security when making loans?
Banks must balance security and profit when making loans because loan interests are partially how banks make their money. They must take appropriate security measures to ensure customers keep returning.
Are internet banks subject to the same regulations as traditional banks?
Yes, Internet banks are subject to the same security regulations as traditional banks, and internet bank accounts are insured by the FDIC. However, no security system is perfect and internet bank accounts are still susceptible to hackers. The positive side of that is that you are likely to catch fraud sooner, because your account balance is so accessible to you.
What do you mean by finance function?
Finance function is the function which determines and brings the future financial resources need for the company from different sources like banks and financial institutions such as profit and loss account balance sheet and trial balance
Why banks do mergers?
For profit. To make money.
What is the bank profit?
Banks profit from interest income and other charges they levy on their account holders.
Explain why banks must balance profit and security when making loans?
Banks must balance security and profit when making loans because loan interests are partially how banks make their money. They must take appropriate security measures to ensure customers keep returning.
Should big banks profit from micro financing?
Banks are a business. They exist for the purpose of making a profit. That is what businesses do.
Are internet banks subject to the same regulations as traditional banks?
Yes, Internet banks are subject to the same security regulations as traditional banks, and internet bank accounts are insured by the FDIC. However, no security system is perfect and internet bank accounts are still susceptible to hackers. The positive side of that is that you are likely to catch fraud sooner, because your account balance is so accessible to you.
What do you mean by finance function?
Finance function is the function which determines and brings the future financial resources need for the company from different sources like banks and financial institutions such as profit and loss account balance sheet and trial balance
Why banks do mergers?
For profit. To make money.
What are the vision of commercial banks?
to make profit
What is the bank profit?
Banks profit from interest income and other charges they levy on their account holders.
What are the Different types of banks?
a bank shot in golf, the term "making bank" refers to making alot of money or a profit. A Bank is where you go to make tranfers, deposits, etc... anything on money.
Banks lend out the money that you deposit to make a profit?
Yes.
How do banks safeguard money?
by security
How do credit unions differ from banks?
Large banks are for-profit financial institutions whereas a credit union is usually a non-profit financial institution that operates solely on the assets of its members.
Which banks offer low rate balance transfer?
There are many good and trusted banks that offer low rate balance transfer. These banks include Chase bank, First Merit, Huntington, and banks like American Express.
