Minggu, 08 September 2013

Banking Institutions Function

Nowadays Bank is intended as a kind of financial institutions that conducting financial services are quite diverse, such as loans, circulating currency, held control over the currency, to act as a repository for precious objects, and to fund the company's business.
One of the function of the banking institution is an intermediary function is the function of providing ease of flow of funds from those who have surplus funds as depositors (savers) or insurer (lender) (saving function) to those who need or lack of funds to fulfill a variety of interests as the borrower (credit function).
The business of banking is classified as Commercial Bank normatively regulated in articles 6 and 7 of Law no.7 of 1992 in connection with Act no.10 of 1998 concerning Bank include:
  1. Collect funds from the public in the form of deposits in the form of demand deposits, time deposits, certificates of deposit, and savings
  2. Giving credit
  3. Publishing promissory notes
  4. Buy, sell or insure the risk itself and for the benefit of its customers and the orders
  5. Providing financing and/or doing other activities based on Islamic principles, in accordance with the provision which is determined by Bank Indonesia
By: Wa’idatul Hasanah
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1 komentar:

  1. whether the same functionality of conventional banks with Islamic banking? if different, where lies the difference?hi ms.wa`id i waited answer from you (TRI AYU RIWAYANI (11220035))

    BalasHapus