Theme: Passive and active operations of commercial banks

Additional information

Additional information

Central Bank provides short-term resources to banks at 16% and absorb them at 12%; overnight deposit operations with the Central Bank are limitless and standby; the averaging ratio coefficient on required reserves increases from 0.75 to 0.8; reserve requirements on foreign currency deposits of commercial banks raised 14% to 18%. Changes in reserve requirements is intended to reduce the degree of dollarization in the economy. The central bank constantly monitors the situation in the money.

Intermediary operations of commercial banks

Intermediary operations of commercial banks

Types of intermediary operations

1

• Trust operations

2

• Factoring operations

3

• Forfeiting operations

4

• Lease operations (financial lease)

5

• Contocorrent operations

Trust operations

• Bank trust departments offer two main types of service: trust administration and investment management. Trust administration involves distributing funds and any trust assets in a manner that adheres to the terms of the trust. Investment management services invest and divest assets according to the trust documents. Trust departments in commercial banks carry out the following three areas of trust operations:
• - management of clients' inheritance in accordance with their wills;
• - services and paternity as a trustee;
• - agency (intermediation) service.

Their main responsibilities in the management of inheritance are
-to obtain a court decision,
-to ensure the integrity and security of inherited property,
-to incur administrative expenses,
-to pay or collect debts,
-to deal with property to pay taxes and
-to render services and assistance to the testator’s heirs.
In practice, for example, this may be the result of the owner's early death before the children reach the age of majority.
These types of transactions allow the client to
manage their property (home, car, pets, etc.)
due to long-term travel or physical weakness.
1. acceptance of securities for safekeeping;
2. Collection of income from securities;
3. to inform the beneficiary about the income
received on securities;
4. redemption of expired securities;
5. sale and purchase of securities;
6. make payments on the beneficiary's
accounts;
7. Registration of insurance policies;
8. Renting safes.