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ID number:515072
Author:
Evaluation:
Published: 24.11.2009.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Time period viewed: 2009.g. - 2010.g.
Extract

Bank system — set of various kinds of national banks and the credit institutions operating within the limits of the general monetary and credit mechanism. Includes the Central bank, a network of commercial banks and others credit-financial settlements centres. The central bank carries out state issue and currency to the policy, is a kernel of reserve system. Commercial banks carry out all kinds of bank operations.

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