Exceptional value banks determi- determined mainly because they can: to form a means of payment; to issue means of payment in circulation; serve as means of payment withdrawal from circulation. First, Central banks originated more than 300 years ago. At the same time, credit is an independent financial categories the history and has its own specific function. There is several ways to specify the maturity of the loan, namely: • refund of the entire amount of principal and interest on FIC- fixed rate within a clearly defined time periods; • return of principal in a well-defined intermediate- Ki time, each of which set its own interest tion rate, i.e. Then such banks gradually monopolized some specific functions and at a certain stage of development of the state of their nationalist- increased.
Medieval money-changing offices were predecessors ban cov, and the money changers — the predecessors of bankers; they took the cash nye deposits with the merchant for storage and specialized in money exchange different cities and countries. Commercial credit is the provision of a supplier (selling- CMA) products to the buyer, in the form of deferred or installment payment for the shipped goods. A mortgage loan is taken to cover major capital expenditures. To distinguish between Bank and non-Bank financial institution. without security and having security.Principles of lending — is a fundamental condition on which issued a loan to the borrower.
You will be able to: 1. If in the case of the interbank loan document requirements and the financial condition of the borrower can clearly Regula- be interpreted, in the case of a loan for commercial purposes requirements Creux DataRow can vary greatly. They provided loans to local merchants, Ko which was sold to Bank the debt obligations of its customers the purpose of the fastest Fund-raising. In the laws of those countries there are no provisions that allow the government to intervene in the money but-credit policy pursued by the Central Bank. After assessing the borrower's creditworthiness and benefits- ness credit operations, the Bank enters into with the borrower of the credit agreement (credit agreement). This period is stipulated in the loan agreement. International loan foreign by banks, credit organizations, foundations, governments eno- strange States. Under the guarantee of insurance companies loan get harder and only small amounts (no more than 50-100 thousand rubles), while being governmental requirements to the borrower, its financial position the build and quality of a commercial project. Term loan — this form of loan. In the Bank for the borrower offers special loan account — con tocurrent.