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Home > Clubs > Companies and Coworkers > Banking

Banking    

A banker or bank is a financial institution that acts as a payment agent for customers, and borrows and lends money. In some countries such as Germany, banks are the primary owners of industrial corporations while in other countries such as the United States banks are prohibited from owning non-financial companies.

Banks borrow money by accepting funds deposited on current account, accepting term deposits and by issuing debt securities such as banknotes and bonds. Banks lend money by making advances to customers on current account, by making instalment loans, and by investing in marketable debt securities and other forms of lending.

Group Owner : Deepika Club Members:4
Location : New Delhi , India Club Type: Public
Last Updated on :20 Jul 2008 12:56 pm Created on : 27 May 2008 08:13 am

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Forced by a thief to take money out of an ATM machine 2 700 By miku[94]
22 Mar 2009 08:48 pm
Club Members[4]

Deepika[613]

miku[94]

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