At first glance

Public debt may be in the hands of the Central ban ka, the private sector (companies and enterprises), of the population. In this case the Central Bank usually does not play a decisive role, as it does not has appropriate means. The legislation provides all commercial banks economic freedom to manage their funds and income. 02-63. 3.

They definitely are the founding documents, a card with samples of signatures and seal, balance. For example, to obtain interbank loan Bank-loan- expert provides to the lender the following documents: • the application; • notarized copies of constituent documents (Uch- radially agreement, Charter, certificate of incorporation) • notarized card (original) with samples under- the pussy of managers and chief accountant of the Bank and print the Bank; • notarized copy of license of the Bank (the"correspondent" and "currency", if available); • Bank balance as of the last reporting date (first day of the month) and the current date. Wide Deaver- eficacia operations allows banks to retain customers and staying- Xia cost-effective even under very adverse market con- juncture. Fixed-term the risk of a loan means his return. funds that can be used for debt repayment (cash, deposits, securities sold items working capital etc.).

Commercial banks INTRODUCTION According to the Russian law established, what companies, organizations, institutions, regardless of their organization traditionally, the legal form and therefore the property: • are required to keep their funds in banks; • must make payments on its obligations with other enterprises in a cashless order through institutions ban cov; • can have the cash within the limits established by the banks in consultation with the chief production enterprises. Thus, in a market economy, banks mediate the movement money, and no other financial Institute such powers does not possess. Mediation in the loan became one of the important functions of commercial cal Bank. The Bank may manage the financial financial Affairs and property of companies and individuals for a cost. Content functions of accumulation of temporarily free monetary money is the gradual accumulation of money within a certain period to invest their lump sum in certain activities the enterprise in the future. Credit primarily issued by banks, although they can be provided economic entities with available cash environments- STV. Financial and commercial loans are available in the main Mr banks. In those days banking operations were limited to buying, selling, dispensing coins, accounting liabili- were before, accept deposits, grant loans, epotech- tion and collateral operations. The provision of commercial credit to the reglirums Bank. In connection with the formation of market prices- securities will develop a capability of the banks activities- STV in securities transactions.