Excerpt from The Work of a Bank
A knowledge of banking practice and work is essential to those who intend to follow the banking profession, because although the work seems at first somewhat mechanical, yet the clerk might at some future period become a manager of a branch or possibly the general manager of a large bank, where a practical knowledge of the subject in all its aspects is indispensable. The work of a bank appears some what complicated, but when analysed is of a simple nature.
For example, a banker is a merchant dealing in capital, and in this capacity acts as a broker between two principals; on the one hand we have the depositor who leaves his capital in order to obtain interest for the same, and on the other hand the borrower who is willing to pay a certain sum for the loan of capital. The difference between the amount paid to the depositor and the amount received from the lender would constitute the banker's profit.
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781330343647
Anzahl: 15 verfügbar
Anbieter: Forgotten Books, London, Vereinigtes Königreich
Paperback. Zustand: New. Print on Demand. This book takes a comprehensive look at banking practices and work. The author takes you through the history and evolution of banking from its origins through to the present day. You'll find detailed descriptions of the roles of various banking departments, including the day-to-day function of clearing, and how country and foreign banks operate. The author pulls back the curtain on the mechanisms within banks to help you understand how deposits, loans, discounts, and agency services work. This book is an essential guide for anyone looking to understand the intricacies of banking today. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781330343647_0
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