What is mutual savings bank?

Q: Please explain what is direct and indirect financing? What is the role of banks in direct c.…

A: Financing is the process of raising funds for the business activities, to meet out payment…

Q: What is Pension Funds and insurance companies? What is Private Investors? What is Wholesale…

A: A retirement benefit is a payment that is paid to a retired individual.An investor is any individual…

Q: What are the factors that may influence the use of money vs credit cards?

A: There are several factors that influence someone's decision to buy goods or services through money…

Q: A credit union is an example of:   Select one: a.

A: A credit union is an important type of financial institution. It is very much similar to a…

Q: What interest rate is the bank required by law to report to potential borrowers? (I

A: Effective annual interest rate is also called annual rate of return . It is the real return…

Q: the lending operation, how many types of loans security?

A: In lending operations banks for their safety of loans ask  for some collateral.You have to provide…

Q: What is shadow banking? What are the backstops in shadow banking and traditional banking? Please…

A: Shadow banking is unregulated where the lenders, creditors, brokers, and other financial…

Q: Describe the Federal Reserve Banking System. Which is the most vital? Which is less important? Why?

A: This question explains about the Federal Reserve Banking System is a system of banks run by the…

Q: What is a bank discount? How does it differ to simple interest? State the bank discount formula

A: Bank DiscountIt is the Interest amount on the loan that is being subtracted from the principal value…

Q: Explain the possible IFRS treatment of bank loans.

A: IFRS is international finance reporting standards will replace with Accounting standards 39.

Q: What is retail banking?

A: Banking refers to a financial institution that lends money and receives deposits from its customers…

Q: WHAT DOES EXIM BANK JAMAICA DO?

A: Banks are very important for growth and development of any country.

Q: Banks? Banking Online? Is Banking Safe?

A: We can define financial institution as those institutions which help in the transfer of funds from…

Q: What is a mutual fund?

A: Mutual fund is pool of funds managed by professionally qualified fund managers who collect funds…

Q: What is the term of interest on bank overdraft?

A: On basis of creditworthiness, a bank allows a person to draw excess money from his account…

Q: Explain banking vs problem posers. give the examples of two words

A: Banking education is a style of learning between students and teachers in which the teacher takes…

Q: What would these securities be called and what does the Bank need to do to ensure the loan monies…

A: Loans refer to the agreement between the borrower and the bank or financial institution for…

Q: What are the roles of banks in our s

A: Banks are having very important role in the society.

Q: How did you get the loan repayment and bank loan?

A: Bank Loan is a non-current liability of the business and it is borrowed to finance long term plans…

Q: what is MORATORIUM” IN BANKING? explain.

A: During a moratorium period, your lender will calculate the interest on your loan using the notion of…

Q: The role of comercial bank?3. The operations of the commercial bank,show the chart of this…

A: Role of commercial bank Mobilization of savings:- Banks play a very important role in mobilization…

Q: Benefits of a savings account for borrowers ?

A: The saving account refers to the type of account in a bank that provides the facility to deposit the…

Q: Which of the following bank services involves financial derivatives? Credit services O Transaction…

A: A derivative is an agreement between two or more parties in which the value is determined by an…

Q: Distinguish between bank discount and simple interest.

A: Bank discount is defined as a interest which is deducted by the bank when a loan is made. It is…

Q: What is a Bankers’ Acceptance?

A: short term market securities: these are the securities which last for one year or less.

Q: Define credit union

A: Credit Union is a not for profit entity that provides financial services to its members.

Q: main theories for internatonal banking explain.

A: International banking include cross-border banking services as well as bank foreign direct…

Q: Why are credits and debits different for banks compared for personal finance usage?

A: In personal account, all expenses, assets, and losses will be debited. All incomes, liabilities, and…

Q: Define savings and loan association (S&L

A: Savings & Loan Association (S&L) is basically an organization intended for the purpose of…

Q: What bank regulation is designed to reduce adverse selection problems for deposit insurance? Will it…

A: Banks are the financial institutions that are involved in providing financial services to their…

Q: Explain how Mudaraba and Musharaka are implemented in today’s banking system

A: Mudarabha The term Mudarabha is actually means to form the partnership or trust to share the profit…

Q: As a student, how does comercial banks important?

A: A commercial bank seems to be a financial organization that accepts deposits from the common public…

Q: How Do We Manage our Credit Card Debt?

A: There are many ways to manage the credit card debt. Some of them are below: Pay more than the…

Q: types of credit extension? which one is the biggest?

A: Different types of credit extensions are a) Personal loans-granted to individuals on the basis of…

Q: describe in detail credit unions

A: Financial institutions: A corporation engaged in the business of handling financial and monetary…

Q: How do you make money from a mutual fund?

A: Mutual funds: It is a company where the money is pooled from various investors, in different…

Q: What is SBA Loans

A: Loans- Business loans, also known as commercial loans, are a type of finance used to fund business…

Q: Define consumer credit markets

A: CONSUMER CREDIT MARKET-             Consumer credit refers to short- and intermediate-term personal…

Q: what is the relationship between tne intrest rate and the bank prime loan rate

A: The prime rate (prime) and interest rate are both set by the Federal Reserve Bank (the Fed). In…

Q: Why is the bank important to our society?

A: The bank is highly important to our society. It should be noted that banks, on an overall basis, are…