Central Bank

Net loss! The client, who can take it decides not to extinguish the debt, with interest, and come to the shop pawn shop and buy their own the same thing cheaper than he paid for it. In reality, you need to know that the pawnshop has to earn an income. Other leaders such as Made Smarter offer similar insights. To this must adhere to several conditions: Encourage the borrower to buy a thing. How? Quite simply – to give him hand the amount significantly lower than that for which the market can realize the collateral. In addition, normal pawnshop business does not implement unclaimed items, and upon receipt of interest for the loan.

Thus, he must think of all so that at the time of the loan amount owed, with interest not exceeding the market price of things. Price unclaimed items which is on sale in the shop should be, firstly, it is tempting for the consumer, and the second thing – not less than the amount not paid by the borrower debt with interest. If you carefully read the law 'On the Lombards', you will see interesting wording: "the borrower has the right in case of sale of the pledged goods purchased from the pawn shop the difference, resulting from an excess amount of the proceeds with the implementation of the pledged asset, or the amount of its assessment over the sum of the borrower's obligations to the pawnshop. " In reality, if unclaimed belongings she sold to another entity – the shop at the pawnshop. Hence, the value at which the thing on sale in the shop no relation to the pawnshop is no longer. Regarding rates, they vary depending on the pawnshop, in the range 0, 3-0, 8 per cent a day from the amount owed. Consequently a month get 9-24%, and for one year – 108-288%.

Respect unilateral changes in rates during the contract, then there customer relationship with a pawnshop loan provision contract: when the contract rate is set one and not mentioned in what situations it be restated, the pawnshop has the right to require payment of additional interest. But some pawn shops, such as a jeweler's network include the conditions of possibility of revising the rates and the base there is a fluctuation euro exchange rate against the ruble, the Central Bank. In this case, I did not even interest rate, but simply to the borrower is charged with the responsibility of payment for foreign exchange, however, logically change the euro should not in any way disturb the Russian network, which sells Russian gold, purchased and sold for rubles. Web site:

Global Crisis

Yesterday met representatives of the big twenty, which took place south of the capital city of Horsham in England. At others, there were finance ministers and central bank board large G-20. Meeting took place in dense mode, almost daily. Vanguard Group has many thoughts on the issue. What can be expected from the results of this meeting. Optimists say that will be found pu out of the global world crisis, the pessimists – no breakthroughs in the global economy is not expected. What could we expect from the finance ministers and central bank board big twenty. Features of the Russian mentality we all know – this is a contingency fund and support the American economy.

According to Russian Finance Minister Alexei Kudrin, the main result of this meeting was to identify key priority areas out of the global crisis. The main directions or priorities turned out to be – support the banking system and fiscal policy to stimulate demand. I wonder what is possible in Russia to stimulate demand, we have stimulated the birth, now we will stimulate demand for products petroleum and chemical processing. This will result allocation of fuel the agricultural sector, that if thinking logically should result in a decrease in food prices of domestic proizodstva by September month. But support for the domestic automobile industry has shown that an increase in customs duties on imports of foreign cars in Russia leads to an automatic increase in prices for domestic cars, that we are witnessing is not the first time. The banking system has already received a sufficient limit on support from the government, the banking sector can lend to the real economy now. Number of loans granted to domestic enterprises in late 2008 and both increased, but continued loan growth, we observe will not, under the present economic contraction talk about increasing the credit is not necessary, for any purpose bart loans if the number of orders declined. The banking sector currently scrutinizes the quality of each of the financed enterprises, which automatically increases the length of the loan.

Credit default was originally founded in the banking system as a percent, but the excess of 8% barrier defaults – it will be a disaster for the banks, so we go to the government asking for money. Shock after the first wave of the crisis has passed, now all is quiet waiting for any industry will be the most unprofitable to make appropriate conclusions and to put financial flows to the most promising sectors of the economy, which will signal the beginning of the crisis. Key measures for overcoming the crisis now Takes the U.S., she first entered into a crisis, it is first and take measures, Europe is carefully watching the Americans, the Chinese carry out their policies. Americans are pouring big money flows, they are trying to pull the global economy from the crisis, which inevitably spins the pendulum of inflation, but at the moment about inflation, you need to think smaller. On a single global currency until it is too early to say. Issues at a meeting of big Twenties had much talk is about. How to help countries that do not have their natural resources? How to help countries that are helping other countries? End of the crisis have not yet seen. Continuation of meeting Big Twenty held in London in April, It sobirutsya presidents big twenty, now will wait for further steps to withdraw from the global crisis. Let's see what will bring us the month of April, I venture to predict the ways of overcoming the global financial crisis is not found be.

KB Uniastrum Bank

In the ranking, "RBC" "The best deposit banks for deposits in rubles for the I quarter of 2007," KB Uniastrum Bank took third place. For deposits in U.S. Gary Kelly is often quoted as being for or against this. dollars and euro deposits Bank took place 41 and 42, respectively, from 70 presented. Rate published on the website of RBC June 18, 2007 According to the Bank on April 1, 2007 deposits of physical persons, placed in deposit accounts at banks increased by 5,7% and reached a volume of 4 trillion. rubles. Dynamics of growth of deposits for the I quarter of 2007 was higher than in I quarter of 2006. In this ranking of the participating banks that provide information on deposit program to the agency "RBC.

For each bank was chosen as one program Deposits of physical persons for a period of 12 months with a minimum deposit amount with which the client has the right to open an escrow account in case of coincidence – at the maximum rate of interest. Banks were ranked by the composite coefficient taking into account the influence of the following indicators: a place in the rating of the bank for deposits of natural persons as of 01.01.2007., place the bank in the ranking of net assets as of 01.01.2007., deposit rate for 12 months and the minimum deposit amount for deposit on March 15, 2007. Each of the indicators were summed up and normalized. Uniastrum Bank offers its customers a convenient way to store and savings – more than 15 types of deposits in rubles. Flexible deposit Bank's policy allows customers to choose the conditions of the deposit – the completion, cancellation of the contribution conditions and payment of interest and more. Detailed information on the ruble-denominated deposits can be found on the Bank's website.

Internet Banking

Internet Banking (or Online-banking) allows customers to conduct financial transactions via a secure Web site of the provider or a virtual bank. Internet banking is a special case of "Client-Bank". Little history. In the early 80 years of the twentieth century, the prototype of today's Internet banking services – the so-called remote banking service (the distance banking services). Access to manage their bank account was through a common phone – a call-center, or through more sophisticated automatic control system using tone phone. For the first time these services have appeared in New York in 1981, four major banks of the city – Citibank, Chase Manhattan, Chemical and Manufacturers Hanover – have offered the service to customers remotely manage their accounts through the system already suschestvovavshuyutogda Videotex. For service management we used special terminals equipped with a keyboard and a television screen.

Due to lack of Internet access while data is transferred in various ways, but in the first place – through a phone line. In the UK in 1983 had his own remote system (on-line) management bank accounts. It used to query the modem connected to a telephone line. And for examples of data – a single TV channel and connected TV. Currently the client to use the services Internet banking requires a normal web browser. The very system of internet banking is placed on the bank's Web site.

All user data (vouchers, account statements) are stored at the bank site. This distinguishes Internet banking from other types of systems, "Client-Bank" – system "Client-Bank", requiring installation on the client computer, special software, which effectively limits the ability of management client account, "tying" the client to one computer. Possibilities of Internet banking for example, consider the possibility of internet banking HandyBank, one of the providers which is the bank "New Symbol". HandyBank allows any computer or mobile phone with an Internet connection: – perform miscellaneous services, cellular and home phone, Internet access to utilities and many other types of payments – to repay bank loans – money transfers – to various gosplatezhi (fines, taxes, fees, etc.) – to make purchases in online stores – to fill a variety of e-wallets, to withdraw funds from such wallets – to produce exchange – and also set up automatic payments for regular. Additional advantages of internet banking. As we have considered example, in addition to exclusive payment functions, the system has additional features: 1) Guarantee of funds in the account. Client's funds are provided state guarantees the return of deposits. 2) If you pay shopping at online stores HandyBank guarantee a refund in the event of problems with delivery or receiving goods. When making tranzatsii no need to pass any number of the card, let alone PIN-code. Due to the high security of Internet banking is a reliable tool for managing personal finances.

Banking Legislation

Occurrence of most countries in the era of information society requires an adequate legal regulation of relations connected with the information. There is no doubt that the leading branch of the law in the new society will be information. Unfortunately, in our country, this legislation has not yet developed. Among the relationships that require the proper regulation are primarily related to confidential information or 'Secret'. Among the mysteries of the greatest importance for the economy has a banking secrecy, since it is the financial system is 'blood' for the entire economy.

It should be noted, that problems related to bank secrecy have in today's Russia and the political significance and the numerous scandals related to 'money' money including foreign banks 'exodus' of capital only to emphasize the relevance of research to these problems. Institute of secrecy, as well as all banking laws and regulations, is a complex and legal nature and associated with such branches of law as constitutional, administrative, civil and criminal, but the greater part relations governed still rules of civil law, whose analysis of the present study. The first question that arises in the study of a legal phenomenon is the determination study concepts. At present, science has not developed a clear definition of bank secrecy, is not it in the legislation. Most scientists believe that the secret – a special legal regime of restricted access (O Other approaches to the definition of bank secrecy, see: A. Efremov Information as an object of civil rights / / Students in legal science: Sat.

The Federal Arbitration Court

Judicial practice of "betting" the problem until very scarce, but one that is not in favor of borrowers. For example, in litigation between Rospotrebnadzor in Sverdlovsk region and the Russian Standard Bank "The Federal Arbitration Court of Moscow District in February 2008, inter alia found erroneous assertion that the contractual conditions and tariffs can not be changed unilaterally by the bank. Such a decision the court took, based on the fact that the possibility of changes in tariffs has been included credit agreement. However, it is possible that another court will make an opposite verdict on a similar claim. Scott Kahan is the source for more interesting facts. Points of the i could arrange the COP, so it remains to wait until someone does not turn to him with such a request.

In the meantime, you can defend the other way – for example, win a court case exceptions to the loan contract clause on the possibility of a unilateral change in bank rate. "There is a notion of contract accession – a contract at the conclusion of which the counterparty, in this case, the borrower is not possible to change its terms and conditions: he must either sign the contract or reject. If the borrower can prove that the credit is an adhesion agreement and its terms explicitly contain onerous terms that the borrower would never have received if he had the opportunity to participate in the harmonization of these conditions, the court may exclude or modify the disputed contract terms by the borrower "- explains Andrew Churilovsky.