The first and fundamental principle of business ski the Bank is to work within the resources actually available. Tax credit means a deferral or installments in payment of the on- logo.
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exclusion him from the mortgagor. The Bank takes on incassa- tion payments and disbursements on client operations, and invests excess cash in short-term securities and loans. In case of loan default on time the borrower is charged interest (i.e., a fine nye sanctions), the size of which is determined in the loan agreement. The Bank operates on the basis of specifi social-resolution — license. List the principles of activity of commercial Bank. The insurance contract if- laga to the credit agreement. The Bank grants the borrower a special current account secured goods- but material assets or securities.
The first and fundamental principle of business ski the Bank is to work within the resources actually available. Tax credit means a deferral or installments in payment of the on- logo. Liability insurance for the borrower's outstanding loan JW- is currently quite common by the form of the insurance tion, although it increases the cost of the borrower on the loan due to the Stra- dashed premiums (insurance fees). The decay of the feudal system, the development of cities, trade and reme- villages resulted in an increase of commodity-money transactions and generated Valo the need for intermediaries who can minimize the risks operations with money. St. The legislation provides all commercial banks economic freedom to manage their funds and income. In the corre- accordance with the signed agreement the customer must pay the leasing the payments, which will eventually completely cover the cost purchased by the Bank and leased equipment.
The basis of mortgage operations based on the following basic Polo tion: 1. 2. The result is the free movement of financial resources in the economy, the corre- current market type of relationship. The borrower repays the loan and pays the percentage in accordance with the loan agreement. The provision of collateral the loan can be made by satisfying applications of the Bank fixed the Lombard interest rate, and through the holding of auction bids of the Bank at prevailing auction rate cut-off.
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