banking system - a collection of all the banks in the national economy.Currently, the countries with a developed market economy, the system has 2 levels - central bank and commercial banks.The Central Bank may be represented as a set of other banking institutions that perform the functions of the Central Bank.The Central Bank carries out all the functions of money - he exercises the monopoly of the national currency, has been engaged in credit and other important functions.Commercial banks are mainly concentrated in loans and carry out banking transactions and financial services for businesses and individuals.Commercial banks can be divided into public, cooperative and joint-stock form of ownership.
In general, the banking system - a set of operating banks, credit institutions, economic organizations performing banking operations.In addition to these organizations, the banking system has also specialized companies that do not engage in any banking activities, but provide banking activities.For example, it may be cash settlement centers, dealer firms, audit offices, firms that operate on securities, as well as organizations working on the ratings of banks and banks providing specific information and equipment.All this is the banking system.
Banks and lending institutions all constantly interact with the following customers:
- with the subjects of the economy;
- with each other;
- with the Central Bank;
- with other authorities.
first such concept, as the banking system for the first time appeared in a well-developed economic countries - Switzerland, Great Britain, Germany, Japan, USA and others.For example, the Swiss banking system - this is one of the strongest and most advanced systems around the world.
As part of the banking system is a big part of the economic system of the country.This can be interpreted as the fact that the system is closely linked to the consumption, production and circulation of various intangible and tangible benefits.The success of the country's economic development largely depends on how you operate the bank and the banking system.
Banks that operate in the country may have a different system - a two-tier or one-tier.Two-tier system speaks for itself - the first level of the Central Bank, and the other - credit institutions or commercial banks.Most of this type and occurs in the world.Single-level system is rare, but it all becomes real when the country does not have a Central Bank, or when has, but this country has only one such central banks.
The pace of modern life and the market economy, the banking system has a lot of functions.Changes that occur in the system, whether they are positive yl negative affect, as a rule, the entire economy of the country.For an organization of the banking system to work properly, it is necessary strict adherence to all the requirements and development of all areas of banking.And it affects the normal functioning of the economy.
for good performance and credit policy needs stability in the banking system.A channel through which all monetary operations, is the banking sector, it was directed at him the entire banking system.
In conclusion we can say that the banking system is a holistic education that ensures a stable position in the country.The banking system is part of the company that operates within the law and subject to legal norms.
