Classics In Commercial Bank Lending

Excerpt from The Changing Composition of Bank Assets The Graduate School Of Business Administration of New York University has conducted a program Of research in major trends and problems Of commercial banking over the past five years. Studies of the adequacy of bank earnings, the competi tive position of commercial banks and the causes and effects of changing interest rates have been published under this program. In no respect have the dynamic economic developments of recent years affected commercial banking so profoundly as in the changes that have taken place-in the composition of bank assets. Serving as they do every sector of the economy, the commercial banks of necessity mirror in their assets the shifts that occur in the demands for credit. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Traces the evolution of commercail banking in the United States from the beginnings in the late eighteenth century until 1988. This title is a reprint.

Key issues in the future of long- term commercial bank lending in Africa, constraints on increased commercial bank lending there, and special initiatives for removing those constraints and stimulating lending to Sub-Saharan Africa.

Excerpt from Loans and Investments Chicfly engaged in the business of lending money, but at a matter of fact money loans make up a small part of their business. The invest ments of savings banks are indeed limited to the funds which they have received from depositors, together with such amounts as have been set aside from profits as surplus, and also in the case of stock savings banks the amount received from subscriptions to capital stock. Other banks, includ ing the banking departments of trust companies, while they must always be prepared to f arnish money on demand, do not limit their loans and other investments to the f nuds received from de positors and shareholders. They lend their credit as well, and thus create a large part of the funds utilized by borrowers. Banks other than savings banks might well therefore be called credit banks. Unfortunately a somewhat less descriptive term is in common use - Commercial Banks. 2. Bank notes and checks. Com mercial banks are able to lend their own credit and. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Excerpt from Bank Credit: A Study of the Principles and Factors Underlying Advances Made by Banks to Borrowers Bank credit, as the term is used in this volume, stands for credit extended by banks to borrowers. Bankers frequently use the term in the plural, meaning advances made to their borrowing customers. Whether the borrower withdraws the amount of the proceeds of his loan in cash at once or leaves it on deposit with the lending bank, the loan in either case constitutes credit extended. Just as a merchant extends credit to the customer who pays for his purchase at a later time, so the banker extends credit to the business man who borrows money. Whether the money is taken from the bank at the time the loan is made, the next day, or ten days later, makes no essential difference; bank credit may take even the form of an overdraft. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.