How the banking system works
We all, one way or another, interact with banks. Deposits, loans, bank cards, payment of…

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Operating lever
Typically, business owners are interested in two interrelated indicators: revenue and profit. Revenue shows how…

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8 reasons why a business is losing money out of the blue
When we start working with financial accounting in companies, the first thing we do is…

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How the process of bankruptcy of enterprises occurs: methods of prevention
The term "bankruptcy" in Italian means "broken bench (table, counter)." In times of lack of…

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but the fact that a bank

Virtual Assets Law: Help or Barrier?

For a long time this market remained unsettled. So the conceptual goal of adopting a law on virtual assets is, first of all, to move the market and activities with virtual assets into the legal field. This means granting a certain legal status and concept to virtual assets (which, by the way, is not limited to cryptocurrency only), direct recognition of virtual assets at the legislative level as objects of legal relations, regulation of their circulation, determination of the rights and obligations of participants in the virtual assets market and the establishment of public policy principles and regulation in the sphere of their circulation. Continue reading

Bets in the red: what can change the situation

With official inflation of 10% and a sharp devaluation of the hryvnia, the standard rates in banks on the most popular deposits today are in the range of 7.5-8.5%. Taking into account the taxation of deposits and the situation with the unstable hryvnia exchange rate, real rates thus went into a deep minus. On deposits in foreign currency (in dollars and euros), banks pay quite ridiculous interest – no more than 1% per annum. Continue reading

How to become a bank manager

If banking is your industry, consider what it takes to be a bank manager. Bank managers provide daily assistance to clients, and also fully manage the staff of the branch. If you are looking for a position as a bank manager, follow the steps below.

Get a higher education.
It is necessary to have an appropriate knowledge base. Finance, economics, accounting or business are some of the possible specialties that would be very useful for a bank manager. These areas of expertise will help you build the foundation for your career as a general bank manager. Continue reading

How the process of bankruptcy of enterprises occurs: methods of prevention
The term "bankruptcy" in Italian means "broken bench (table, counter)." In times of lack of…

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How to create a business from scratch?
Therefore, it is not surprising that this idea seems like a promising undertaking for every…

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Why does a business need a fast payment system
What is a fast payment system This is an instant transfer service from the Bank…

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