Systems of Rural Cooperative Credit: An Outline of the European Cooperative Credit Systems From Bulletins of Economic And Social Intelligence
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In our eReader you can find the full English version of the book. Read Systems of Rural Cooperative Credit: An Outline of the European Cooperative Credit Systems From Bulletins of Economic And Social Intelligence Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Systems of Rural Cooperative Credit: An Outline of the European Cooperative Credit Systems From Bulletins of Economic And Social Intelligence
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To quickly assess the difficulty of the text, read a short excerpt:
The society is managed by a council and by a committee, which generally comprises a president, a vice president, and a secretary.
As soon as it is established it becomes afiiliated to the regional bank of the department. To do this it must subscribe for a certain number of shares in the regional bank. It is then admitted to partake in the credit facilities afforded by the regional bank, which discounts its bills or grants loans to it to foim its working capital.
In the first case, when a member... applies for a loan from the local bank it requires him to sign a bUl, which is then sent to be discounted to the regional bank, which immediately forwards the amount applied for, less the discount. In the second case, the regional bank grants to the local bank a loan which is usually proportionate to the amount of the shares subscribed. The local bank, when it does not immediately require the money so obtained, deposits it with the SYSTEMS OF KTJEAl, COOPEBATTVE CBBDIT. 35 savings bank and withdraws from time to time such sums as may be necessary.
What to read after Systems of Rural Cooperative Credit: An Outline of the European Cooperative Credit Systems From Bulletins of Economic And Social Intelligence?
You can find similar books in the "Read Also" column, or choose other free books by International Institute of Agriculture to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The society is managed by a council and by a committee, which generally comprises a president, a vice president, and a secretary.
As soon as it is established it becomes afiiliated to the regional bank of the department. To do this it must subscribe for a certain number of shares in the regional bank. It is then admitted to partake in the credit facilities afforded by the regional bank, which discounts its bills or grants loans to it to foim its working capital.
In the first case, when a member... applies for a loan from the local bank it requires him to sign a bUl, which is then sent to be discounted to the regional bank, which immediately forwards the amount applied for, less the discount. In the second case, the regional bank grants to the local bank a loan which is usually proportionate to the amount of the shares subscribed. The local bank, when it does not immediately require the money so obtained, deposits it with the SYSTEMS OF KTJEAl, COOPEBATTVE CBBDIT. 35 savings bank and withdraws from time to time such sums as may be necessary.
What to read after Systems of Rural Cooperative Credit: An Outline of the European Cooperative Credit Systems From Bulletins of Economic And Social Intelligence?
You can find similar books in the "Read Also" column, or choose other free books by International Institute of Agriculture to read onlineMoreLess
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