The world’s 100 largest banks by total assets

In the last years there have been many important events that have led to changes in the ranking of world’s banks by total assets. Some of the banks have risen in position, while others have lost positions. Also, many of them have gotten bigger, while others have gotten smaller. In this article we’re going to see which banks have become the largest and most important and which have become the smallest and less important. The ranking of the biggest world’s banks is built according to banks’ total assets, which are the assets owned by the entity that has economic value… Continue reading

Top 52 largest banks in the US by total assets

In the last years there have been many important events that have led to changes in the ranking of Us banks by total assets. Some of the banks have risen in position, while others have lost positions. Also, many of them have gotten bigger, while others have gotten smaller. In this article we’re going to see which banks have become the largest and most important and which have become the smallest and less important. The ranking of the biggest Us banks is built according to banks’ total assets, which are the assets owned by the entity that has economic value… Continue reading

Current account: definition and types

Current bank accounts are very popular among companies, firms, public enterprises, businessmen who generally have higher number of regular transactions with the bank. The current account includes deposits, withdrawals, and contra transactions. Such accounts are also called the Demand Deposit Account. A Current account can be opened in most of the commercial banks. A current account being a zero-account, is generally associated with huge transactions on a regular basis. Because of the fluidity that these accounts offer, they don’t earn any interest. These also usually do not carry a limit on the number of transactions which can be made. Let’s… Continue reading

Top 62 largest banks in Europe by total assets

In the last years there have been many important events that have led to changes in the ranking of European banks by total assets. Some of the banks have risen in position, while others have lost positions. Also, many of them have gotten bigger, while others have gotten smaller. In this article we’re going to see which banks have become the largest and most important and which have become the smallest and less important. The ranking of the biggest European banks is built according to banks’ total assets, which are the assets owned by the entity that has economic value… Continue reading

Everything you need to know about loans

Loan contracts come in all kinds of forms and with varied terms, ranging from simple promissory notes between friends and family members to more complex loans like mortgage, auto, payday and student loans. Each type of loan serves a certain purpose for a goal you may have, whether it’s to buy a house or car, or to allow you to break up a big expense into more manageable monthly payments. Banks, credit unions and other people lend money for significant, but necessary items like a car, student loan or home. Other loans, like small business loans and those from the… Continue reading