Category:Bank
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Banksector |
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Service |
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The essential function of a bank is to provide services related to the storing of deposits and the extending of credit. Banks are a subset of the financial services industry.
The term bank is generally understood as an institution that holds a banking license. Banking licenses are granted by financial supervision authorities and provide rights to conduct the most fundamental banking services such as accepting deposits and making loans.
Typically, a bank generates profits from transaction fees on financial services and on the interest it charges for lending.
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News
- Turkey's Bird Flu Crisis Spurs Global Campaign, World Bank Says - Bloomberg
- World Bank comments on funds to fight bird flu - Xinhua
- Bank of Italy's Draghi to abstain voting on Unipol bid for BNL ... - Forbes
- Dubai Islamic Bank's 'Al Islamic Equity Fund' substantially ... - AME Info
- Police quash settler riots in West Bank - Scotsman
- Palestinian militant killed in West Bank - RTE.ie
- New Bank of Italy governor joins ECB Governing Council - Globe and Mail
- World Bank ready to assist Turkey against bird flu - H��rriyet
- ICICI Bank reduces stake in SIB to 9% - Sify
- Sviaz-bank shareholders' equity up 16% in 05Q4 - RIA Novosti
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