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Banks create new money in the form of loans. The lender (mortgagee) in the event of default by the borrower (for- the logodatel) debt has the right to foreclose on mortgaged- tion of the property, including by sale, i.e. without security and having security.Principles of lending — is a fundamental condition on which issued a loan to the borrower. Surety is a contract unilateral commitments by which the guarantor commits to the creditor to pay if necessary- the outstanding of the borrower. period) of repayment of the loan to the Bank and In the contract.

One of the first banks in the modern sense of the term was founded in 1407, the Bank of Genoa. Secondly, the increasing role of banks in economic life in General STV is connected with change of the material form of money, namely shirou- Kim the use of funds and calculations. 3. Thus, in a market economy, banks mediate the movement money, and no other financial Institute such powers does not possess. The second important principle, which is based on the activity commercial banks, is economic independence, under- one who knew and economic liability of the Bank for the results of its her activity.

To distinguish between Bank and non-Bank financial institution. Warranty is a type of the guarantee applied only between legal entities. In these circumstances, an independent Central Bank provides STA- stability of economic development. However, on the other hand, in the case a sufficiently large public debt, the liquidity of the economy indirectly changes and over-borrowing can cause VAT structural imbalances. There are two types of collateral: (a) the pledge of the remaining property from the mortgagor; b) pledge to transfer the mortgaged property to the mortgagee (for- the treasure). However, there are a number of issues: 1) What is Bank in a market economy? 2) What is his role? 3) allowing the Bank to become a key link in the financial system the theme? 4) What is the banking system of the Russian Federation? 5) What are the problems of functioning of the Russian banking system? 1.1. The request shall indicate the purpose of the loan, its amount and the period for Ko which credit is sought. While the STU- the stump of the influence of Central Bank on the formation of monetary system varies from country to country and depends on the degrees of freedom- honestly, what has the Central Bank and its management. In this function of the credit lies with motion de neg on the scheme: "savings — investment". Appointment as Governor of the Central Bank of the prod- made by the monarch, the President, the Parliament.