annuaire

Banks

Author:
Darius Constantin
Date:
June 11, 2007

In the modern Capitalist society, banks are undoubtedly the key to financial success. Virtually every entrepreneur in the present day uses the services of banks regularly.

In the United States, the most widespread banks provide a powerful boost for the American industry and commerce sectors. These banks are the First National Bank, the Bank of America and the Fifth Third Bank.

In Canada, the two most successful banks are the Royal Bank of Canada (RBC), the National Bank of Canada and the Bank of Montreal.

Bank interest rates vary from one bank to the other; some banks, such as ING, offer very low interest rates in order to attract investors, thus generating considerably higher wealth for the bank.

Banks offer many modern services, such as a credit card or online banking.

Some countries are famous for their banks because they allow total banking confidentiality and attract high-wealth citizens who wish to dissimulate their money from the Tax services of their respective governments. Such countries are called fiscal paradises, and include, for example, Switzerland or Honduras.



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