Table of contents (expand)
- The credit system of the Russian Federation: essence, structure, meaning
- Legal basis for the activities of banks in the Russian Federation (Laws "On banks and banking activities", "On the Central Bank of the Russian Federation (Bank of Russia)")
- Central banks, their functions (western model)
- Functions of the Central Bank of Russia
- Passive and active operations of the Central Bank of the Russian Federation
- Monetary regulation of the economy by the Central Bank (Western and Russian models)
- Regulation and control by the Central Bank of the activities of commercial banks of the Russian Federation
- Organization by the Central Bank of cash circulation in the Russian Federation
- Refinancing of commercial banks by the Central Bank of the Russian Federation
- Operations of the Central Bank of the Russian Federation on the open market
- The essence and purpose of the fund of required reserves of commercial banks in the Central Bank of the Russian Federation
- Banks of individual elite service - Private banking ("Private banking")
- Credit auctions: essence, order of organization, meaning
- Operations of the Central Bank of the Russian Federation on servicing the public debt of Russia
- Modern inflation: essence, causes, forms of manifestation and their types in the Russian Federation
- Money circulation and its structure
- Indicators of the volume and structure of the money supply in circulation in the Russian Federation
- Monetary systems, their main elements (Western model)
- Features of the monetary system of the Russian Federation
- Interbank loans in commercial banks of the Russian Federation
- Interest rate policy of Russian banks
- Stocks: types and characteristics
- Securities in the Russian Federation. Types and characteristics
- Loan capital market: structure and functions
- Securities market: structure and functions
- Primary securities market. Methods of issue of securities
- Stock exchange: organizational and functional mechanism in the Russian Federation
- Characteristics of the secondary securities market
- Features of retail banking services - Retail banking ("Retail banking")
- The essence of money, their functions
- Theories of money and inflation
- Credit money, their types
- Bill, its essence, types
- Government securities (western model)
- Commercial banks: essence, types and role in the economy (Western model)
- Commercial banks: essence, types and role in the Russian economy
- Passive operations of commercial banks of the Russian Federation
- Formation of own resources of Russian banks
- Attracted resources of commercial banks in the Russian Federation
- Liability management in commercial banks of the Russian Federation
- Active operations of commercial banks of the Russian Federation
- Loan operations of commercial banks in the Russian Federation: essence, types, characteristics
- Documents submitted by the borrower for obtaining a loan from a commercial bank of the Russian Federation
- Forms of loan security
- Operations of commercial banks of the Russian Federation with securities
- Investment activity of Russian banks
- Asset management of commercial banks
- Liquidity of credit institutions of the Russian Federation. Liquidity indicators
- Financial risks
- Characteristics of the bank's assets in terms of providing liquidity, profitability
- Forms of credit: commercial, banking, consumer, state, international
- Financial services of commercial banks (leasing, factoring, trust transactions)
- Settlement operations of commercial banks
- The main forms of cashless payments in the Russian Federation
- Formation of check circulation in the Russian Federation (checks of commercial banks)
- Main forms of international payments
- Foreign exchange operations of Russian banks
- Foreign exchange market in the Russian Federation: participants, structure
- Mortgage banks and their operations (western model, experience in the Russian Federation)
- Investment banks and their operations (western model, experience in the Russian Federation)
- Savings banks and their operations (Western model)
- Savings banks of the Russian Federation
- Insurance companies and their operations
- Pension funds and their operations
- Investment companies and investment funds (western model, experience in the Russian Federation)
- Theories of credit
- The essence, functions and role of credit in the market economy of the Russian Federation
- International financial institutions
- Essence and functions of banking marketing
- Essence and functions of banking management
- Credit, investment and financial consulting
Interest rate policy of Russian banks
An important means of competition between banks for attracting resources is a varied interest rate policy, because the receipt of income on invested funds serves as a significant incentive for clients to make deposits. The level of deposit interest rates is set by each bank independently, focusing on the discount rate of the Central Bank of the Russian Federation, the state of the money market and based on its own deposit policy. For certain types of deposit accounts, the amount of income is determined by the term of the deposit, the amount, the specifics of the operation of the account, the volume and nature of related services, and finally, it depends on the client’s compliance with the conditions of the deposit (Shevchuk D.A., Shevchuk V.A. Money. Credit. Banks: Course lectures in a concise presentation - M: Finance and statistics, 2006).
In order to interest depositors in placing their funds in the bank, various methods of calculating and paying interest are used: simple and compound interest.
Simple interest - the actual balance of the deposit is used as the basis for the calculation, and with the established frequency, based on the interest stipulated by the agreement, the calculation and payment of income on the deposit take place.
Compound interest (calculated interest on interest). In this case, after the expiration of the settlement period, interest is charged on the deposit amount and the resulting amount is added to the deposit amount. Thus, in the next billing period, the interest rate is applied to a new base that has increased by the amount of previously accrued income. Compound interest is advisable to use if the actual payment of income is carried out at the end of the term of the deposit.
Attractive for the depositor is the use of an interest rate that progressively increases depending on the time the funds are actually in the deposit. This procedure for accruing income stimulates an increase in the period of storage of funds and protects the deposit from inflation.
Some banks, in order to compensate for inflationary losses, offer interest payments in advance. In this case, the depositor, when placing funds into the account, immediately receives the income due to him. If the agreement is terminated ahead of schedule, the bank will recalculate the interest on the deposit and the overpaid amounts will be deducted from the deposit amount.
For a depositor who chooses a bank for the purpose of placing funds, other things being equal, the procedure for calculating the interest rate for which banks use the base 365-366, and the other 360 days a year, which is reflected in the amount of income, can become decisive.
Author: Shevchuk D.A.
<< Back: Interbank loans in commercial banks of the Russian Federation
>> Forward: Stocks: types and characteristics
We recommend interesting articles Section Lecture notes, cheat sheets:
▪ Legal psychology. Lecture notes
▪ Fundamentals of life safety. Crib
▪ History of culture. Crib
See other articles Section Lecture notes, cheat sheets.
Read and write useful comments on this article.
<< Back
Latest news of science and technology, new electronics:
The existence of an entropy rule for quantum entanglement has been proven
09.05.2024
Quantum mechanics continues to amaze us with its mysterious phenomena and unexpected discoveries. Recently, Bartosz Regula from the RIKEN Center for Quantum Computing and Ludovico Lamy from the University of Amsterdam presented a new discovery that concerns quantum entanglement and its relation to entropy. Quantum entanglement plays an important role in modern quantum information science and technology. However, the complexity of its structure makes understanding and managing it challenging. Regulus and Lamy's discovery shows that quantum entanglement follows an entropy rule similar to that for classical systems. This discovery opens new perspectives in the field of quantum information science and technology, deepening our understanding of quantum entanglement and its connection to thermodynamics. The results of the study indicate the possibility of reversibility of entanglement transformations, which could greatly simplify their use in various quantum technologies. Opening a new rule ... >>
Mini air conditioner Sony Reon Pocket 5
09.05.2024
Summer is a time for relaxation and travel, but often the heat can turn this time into an unbearable torment. Meet a new product from Sony - the Reon Pocket 5 mini-air conditioner, which promises to make summer more comfortable for its users. Sony has introduced a unique device - the Reon Pocket 5 mini-conditioner, which provides body cooling on hot days. With it, users can enjoy coolness anytime, anywhere by simply wearing it around their neck. This mini air conditioner is equipped with automatic adjustment of operating modes, as well as temperature and humidity sensors. Thanks to innovative technologies, Reon Pocket 5 adjusts its operation depending on the user's activity and environmental conditions. Users can easily adjust the temperature using a dedicated mobile app connected via Bluetooth. Additionally, specially designed T-shirts and shorts are available for convenience, to which a mini air conditioner can be attached. The device can oh ... >>
Energy from space for Starship
08.05.2024
Producing solar energy in space is becoming more feasible with the advent of new technologies and the development of space programs. The head of the startup Virtus Solis shared his vision of using SpaceX's Starship to create orbital power plants capable of powering the Earth. Startup Virtus Solis has unveiled an ambitious project to create orbital power plants using SpaceX's Starship. This idea could significantly change the field of solar energy production, making it more accessible and cheaper. The core of the startup's plan is to reduce the cost of launching satellites into space using Starship. This technological breakthrough is expected to make solar energy production in space more competitive with traditional energy sources. Virtual Solis plans to build large photovoltaic panels in orbit, using Starship to deliver the necessary equipment. However, one of the key challenges ... >>
| Random news from the Archive A new form of laboratory meat has been developed
14.03.2024
McMaster University scientists have introduced a new form of lab-grown meat using an innovative method designed to provide an alternative to traditional animal products with a high degree of similarity in texture and taste.
Ravi Selvaganapathy and Alireza Shaheen-Shamsabadi from the university's School of Bioengineering have developed a method for creating meat by forming thin leaves of cultured muscle and fat cells grown in a laboratory setting.
These leaves of living cells, comparable in thickness to regular paper, are first grown in test tubes and then concentrated onto growth plates, peeled off and stacked. The process of cell fusion occurs before they die.
Thanks to this technology, the harvesting of leaves allows the meat to be formed into pieces of varying thicknesses and filled with fat in the required proportions, which distinguishes this method from other alternatives.
Scientists were able to create a sample of meat from available mouse cell lines, and also prepare it for tasting. They claim that in appearance and taste this meat is no different from ordinary meat.
A McMaster University study breaks new ground in food production by offering a promising approach to creating lab-grown meat that could be an effective alternative to traditional protein sources.
|
Other interesting news:
▪ SpaceX will take astronauts to the moon
▪ Dyson Solarcycle Morph Desk Light
▪ Linear regulator TPS7A45
▪ New VCRs from Sony
▪ The best gift is for yourself
News feed of science and technology, new electronics
Interesting materials of the Free Technical Library:
▪ section of the site Children's scientific laboratory. Article selection
▪ article Youth is a barometer of society. Popular expression
▪ article Where is the center of mass of the Earth-Moon system? Detailed answer
▪ article Through a drop of water. Children's Science Lab
▪ article Car radio transmitters. Encyclopedia of radio electronics and electrical engineering
▪ article Simple charger. Encyclopedia of radio electronics and electrical engineering
Leave your comment on this article:
All languages of this page
Home page | Library | Articles | Website map | Site Reviews
www.diagram.com.ua
2000-2024
Arabic
Bengali
Chinese
English
French
German
Hebrew
Hindi
Italian
Japanese
Korean
Malay
Polish
Portuguese
Spanish
Turkish
Ukrainian
Vietnamese