What are Banks?

  • (noun): English botanist who accompanied Captain Cook on his first voyage to the Pacific Ocean (1743-1820).
    Synonyms: Sir Joseph Banks

Some articles on bank, banks:

Overdraft - United States - Transaction Processing Order
... to overdraft fees is the order in which a bank posts transactions to a customer's account ... payment to the account on the same day, and the bank processes the largest transaction first, multiple overdrafts can result ... banks ...
Monetary Policy Tools - Reserve Requirements
... The monetary authority exerts regulatory control over banks ... by changing the proportion of total assets that banks must hold in reserve with the central bank ... Banks only maintain a small portion of their assets as cash available for immediate withdrawal the rest is invested in illiquid assets like mortgages and loans ...
Overseas Chinese Banks
... Overseas Chinese banks excelled in commerce, finance, and many other industries ... They created many banks originally to remit money back to China but now they cater to the people of their adopted countries ... These overseas Chinese banks contributed to a large extent to the development of the countries and communities in which they were located ...
National Bank Of Poland - History
... Although the bank has existed under its current name since 1945, it is a continuation of two previous central banks of Poland, both named simply Bank of Poland (Bank ... to operate foreign currencies and buy off credits issued by foreign companies and banks ... new communist authorities, while the former Bank of Poland itself was closed down and finally in 1952 absorbed by the newly-created National Bank of Poland ...

Famous quotes containing the word banks:

    Its whether will ye be a rank robber’s wife,
    Or will ye die by my wee pen knife?

    Its I’ll not be a rank robber’s wife,
    But I’ll rather die by your wee pen knife.

    He ‘s killed this may and he ‘s laid her by,
    For to bear the red rose company.
    Unknown. Babylon; or, The Bonnie Banks o’ Fordie (l. 9–14)

    Civilization is a stream with banks. The stream is sometimes filled with blood from people killing, stealing, shouting and doing the things historians usually record, while on the banks, unnoticed, people build homes, make love, raise children, sing songs, write poetry and even whittle statues. The story of civilization is the story of what happened on the banks. Historians are pessimists because they ignore the banks for the river.
    Will Durant (1885–1981)

    The more the data banks record about each one of us, the less we exist.
    Marshall McLuhan (1911–1980)