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Mastering Banking (Macmillan Master Series)
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Ülkü Doğan is on page 155 of 261

-Establishment of the Bank of England as a commercial bank, the story of its gaining monopoly over banknote issuance and turning into "the lender of last resort" together with the banknotes becoming "the legal tender".-a story of 2 centuries.
-Main functions of commercial banks-balance sheets.
-Dichotomy between liquidity and profitability.
-The part about "Banking Operations (payments and services)" is to come.

— May 14, 2021 07:29AM Add a comment

Ülkü Doğan is on page 155 of 261

-Establishment of the Bank of England as a commercial bank, the story of its gaining monopoly over banknote issuance and turning into "the lender of last resort" together with the banknotes becoming "the legal tender". - a story of 2 centuries.
-Main functions of commercial banks.
-Dichotomy between liquidity and profitability.
-The part about "Banking Operations (payments and services)" is to come.

— May 14, 2021 07:28AM Add a comment