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BANKING,FINANCE,INSURANCE (FINANCE (Money in business is required in order…
BANKING,FINANCE,INSURANCE
BANKS
is a private business that offers its clients different solutions in order to manage their money and capital better.
TYPES OF BANK
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A virtual bank
offers services without direct contact, using internet.
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A central bank
a country’s official bank, which is responsible for controlling the money supply, producing banknotes and making money available.
TYPE OF BANKING SERVICES
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Loans and mortgages
banks lend money to account holders when they need to buy homes, make investments, or buy cars and appliances.
leasing
people or companies can buy what they need using their own money or obtain it through a bank, which pays for what is needed.
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Home banking
thanks to the internet, people can do different operations from home, 24 hours a day.
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FINANCE
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CASH
is what effects a business, as whithout it, it is not possible to face everyday payments.
PROFIT
revenue earned less expenses, cost, taxes.
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INSURANCE
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THE POLICY
the insurance company's name, called the "insurer"
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