[经济学]第四章商业银行和服务.ppt

Chapter 4 Commercial Banks and Services What is a bank? A bank is an institution that deals in money and provides other financial services. Reading Comprehension How many departments are in a bank? What’s the responsibility of each department? Banking Operations Collateral 担保品 Pledge 抵押 Mortgage loan 抵押按揭贷款 General Ledger Department 总帐部门 How do banks make money? Banks accept deposits and make loans and derive a profit from the difference in the interest rates paid and charged, respectively. Banks also charge fees for services like checking, ATM access and overdraft protection