How does the bank work?

Do you know what happens to your money when you put it in a bank? Have you ever wondered what happens to your transfer order? Do you want to know how to process credit card spending or the means to maintain continued solvency? Solti Gabriella, a banking specialist with about thirty years of experience, tries to acquaint the reader with the history of the bank, the essence of banking, the time value of money, the mission and risks of banks. It turns out what the reserve ratio and capital adequacy ratio are, but also how to calculate compound interest and what is behind the interest rates and exchange rates quoted by banks. We recommend this book to anyone interested in financial investing who wants to learn about credit rating aspects or bank profitability ratios. We can get acquainted with the structure of the bank, the rules of prudent operation, the ways of capital management and risk management and, last but not least, help us to better orientate oneself in the field of various banking services. The volume presents the theory and practice of the operation of European commercial banks, without country specifics. Get to know the mysterious world of banks with the help of our author with almost thirty years of banking experience!