Moscow National Bank

The bread remained staple of Russian exports. From its implementation depended on the state of economic conditions. With the successful implementation of the grain in Europe is declining deficit free loan capital, enlivened by turnover and credit. In this regard, the State Bank turns its attention to the creation of the state system of elevators. This system would help to minimize grain loss during transportation, which in Russia have been particularly palpable.

In the framework of state regulation of grain Campaign State Bank since 1910 began to build a network of silos and grain elevators. The State Bank has also contributed to the creation of the country's system of institutions small loan lending co-operatives, farmers and artisans. With his financial support and assistance throughout the country were established credit unions. Since 1904 the establishment of small loans have been placed under full control State Bank. Specially created Office of the small loan has been providing them with financial, consulting, audit and other assistance. Cooperatives received loans through a savings and loan and credit unions, and through lending to the State Bank was created in 1912, Moscow National Bank. The name of SY Witte connected another bright page in the history of the State Bank? monetary reform of 1895? 1897's. From memory of Sergei Yul'evich, it has been done with the personal approval of the Emperor Nicholas II, in spite of the negative opinion of the majority of senators. SY Witte recalled that the reform was fast and naturally without too much upheavals in society.

Effectiveness

Bank of guilt in this situation is not the only, perhaps, that would be worth noting is the lack of service statements by mail, by which a borrower may control the level of its debt and to monitor the effectiveness of various options for repayment. Error number 5 Consent to service and imposed as a result of costs imposed How did the credit card becomes clear if you just jump around on a treaty that was signed Artem. In the contract he agreed that the bank at any time at will may issue him a credit card with a limit of 7,600 rubles, and that the bank will have the right to direct debit (ie, without asking the customer) in cash from his card to pay loans and commissions in case of delay of repayment. The press has repeatedly massaged information about how the right thing with the cards that you let the bank in addition to loans, that the cost of registration card is debited, regardless of whether the customer has activated it or not, and whether he had received it at all. But the map could be sent by mail, not even a registered letter, because an envelope with a card and activation codes could someone open (if the mailbox is broken), and can deliver by courier during business hours, when usually all at work. But the commission for card issuance and maintenance of accounts the bank has already written off, and then, if the client still gets a card and activates it, begins more interesting story – the increased interest for using the card (from 20 to 70 per year!) and other unreasonable costs.