The Bank
A bank is a financial company in charge of raising funds in the form of deposits and lending money and providing financial disservice Banking, or the banking system is the set of entities or institutions within a given economy , bank service providers. The internalization and globalization promote the creation of a universal banking
Types of bank
Depending on the source of capital:
* Public Banks: The capital is provided by the state.
* Private banks: The capital provided by shareholders.
Banks mixed: Its capital is formed by private contributions and public
Depending on the type of operation:
* Banks common: They are common wholesalers operating the general public. Its operations include regular account deposits, savings, loans, bills, receipts and payments, third party accounts, custody of items and values, rental of safe deposit boxes, financial, etc..
* Specialized Banks: They have a specific credit purposes.
* Banks of issue: currently preserved as official banks, these banks are issuing money.
* Second-tier banks: those that channel financial resources to market through other financial institutions acting as intermediaries. They are primarily used to channel resources towards productivos.Actualidad on Banking in Venezuela.
Types of bank
Depending on the source of capital:
* Public Banks: The capital is provided by the state.
* Private banks: The capital provided by shareholders.
Banks mixed: Its capital is formed by private contributions and public
Depending on the type of operation:
* Banks common: They are common wholesalers operating the general public. Its operations include regular account deposits, savings, loans, bills, receipts and payments, third party accounts, custody of items and values, rental of safe deposit boxes, financial, etc..
* Specialized Banks: They have a specific credit purposes.
* Banks of issue: currently preserved as official banks, these banks are issuing money.
* Second-tier banks: those that channel financial resources to market through other financial institutions acting as intermediaries. They are primarily used to channel resources towards productivos.Actualidad on Banking in Venezuela.
Banking in Venezuela is one of the most dynamic and changing economy. The more than 50 banking institutions, among which about 60% are domestic banks, foreign banks 30% and 10% of the state banks.
Given the dynamism, this may change at any time, especially by the government's interest in acquiring private banks such as Bank of Venezuela, which has a long negotiation for purchase.
Banking in Venezuela employs over 60 000 people and has more than 3000 agencies across the country.
Given the importance of banking, not only for ordinary business and personal transactions, but to perform many of the tactics of government financial and monetary (purchase and sale of bonds, currency distribution, etc.)..
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