Bank deposits, notions and features of accounting
Bank deposits, notions and features of accounting
Author(s): Georgeta MelnicSubject(s): Economy
Published by: ArtPoligraf SRL
Keywords: banking deposits; interest; deposits payable on demand; fixed-term deposits; deposit account; deposit guarantee fund;
Summary/Abstract: Bank deposits are the main method of raising capital and short-term available savings. The opening and using of the bank deposits is the main function of banks. In 2004 the Deposit Guarantee Fund was set up in the Republic of Moldova of Deposit Guarantee Fund and for the first time there was established a guaranteed bank minimum in case of bank insolvency which is currently 6,000 lei for the deposit of each natural person.
Journal: Eastern European Journal for Regional Studies (EEJRS)
- Issue Year: 2/2016
- Issue No: 1
- Page Range: 124-131
- Page Count: 8
- Language: English
