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The banking system of the UK.

Date Submitted: 09/10/2006 03:13:51
Category: / Social Sciences / Economics
Length: 29 pages (8010 words)
Views: 27727

Contents INTRODUCTION The principal types of banking in the modern world are commercial banking and central banking. A commercial banker is a dealer in money and in substitutes for money such as checks or bills of exchange. The banker also provides a variety of financial services. The basis of the banking business is borrowing from individuals, firms, and occasionally governments. With these resources and also with the bank own capital, the banker makes loans or …

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…amp;#1086;рия денег и кредита: Учебник для вузов/ Под ред. Проф. Е. Ф. Жукова. - М.:Банки и биржи, ЮНИТИ, 1998. www.bankofengland.com www.bankofengland.co.uk

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