Banks

A bank is a financial institution that manages the money side leaving them in keeping their customers and the other uses it to lend to other individuals or companies charge interest and that is one of the many ways that has to do expanding business and get money from their coffers.Meanwhile, called banking or financial system (a term much discussed and in vogue these days as a result of the runs and the instability that occurred in the same after the crisis caused in the U.S.) to all banks that make the economy of a given country.Regarding the origins of the banks, since there is a man as a social being who works and takes food and goods to survive, there have been recent exchanges or currency, as appropriate and depending on the time course, however, be until about the fifteenth century that will build the first bank, the more accurate in 1406 in Genoa, Italy, called the Banco di San Giorgio.There are two types of banking operations, the passive and active.The passive, also known as the internal language of abstraction are those through which the bank receives or collects money directly from people and become real for the bank through bank deposits in current accounts can be , savings accounts and time deposits. The first two are characterized by their mobility, while the latter must wait for the deadline date to get the money.And the active or placement can put that money coming from the passive back into circulation in the economy through loans to individuals or companies consignábamos as before.Currently, and as a result of this global society needs and consumption we inhabit the banks have been forced to expand its services and thus increase their income well. Sell ​​foreign currencies, trading stocks, bonds, credit cards offer significant benefits and rewards to consume more, and more.