Курсовая работа: Banking services in Russia: theory and fact
1. Credit operations in private sector:
· maximum term of loans is 10 years
2. Cash operations:
· time delays are allowed by the law
3. Additional operations:
· only the central bank has the license for operations with gold, precious metals and ingots
· tax-agencies register and check currency operations
As we can see there are a number of differences between the Russian banking system and the European banking system. This means that the Russian banking system has not fully developed yet.
According to my research the Russian theory of the banking system differs from the established facts. The final results I can show on the following data base.
The Russian banking system: theory and fact. Do they differ?
| agree in: | differ in: |
| no points |
1. Definition of banking system: · not all services are carried out · the laws are not executed |
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2. Deposit operations: · clients are forced to keep the money on deposits 3.Payment operations in private sector: · [P1] few shops accept credit cards 4.Payment operations for companies: · take more time 5.Credit operations in private sector: · banks are unwilling to give loans 6.Credit operations for companies: · banks are not objective while choosing future clients, which leads to corruption 7.Cash operations: · the withdrawal of money is limited · clients wait for several days to withdraw big sums 8.Additional operations: · movement of these operations to black market 9.Non-traditional operations: · do not exist |