Lithuanian commercial banks: Ūkio Bank and SEB Bank

CHAPTER SUMMARY 27
CONCLUSION 29
LITERATURE 30
INTRODUCTION
"Banks are the largest credit companies in particular species. The word "bank" is derived from the Italian word 'banco' meaning table, at which the medieval trade people sat and did money and similar transactions. Ancient Greek market, these tables at which sat the changers of money, and give them the same name, which has taken off for ever: trappezit, i.e. Tableman, or bankers of our time. "
"This time the bank - a special financial institution that gives temporarily free funds, make, grants credit, is agent in carrying out financial operations, regulates the circulation of money, allowing the circulation of money, securities, carry out related operations and other functions. In other words, banks are a special company with activities in the financial system is associated with the mediation."
Currently there are nine commercial banks and eight branches of foreign banks operating and competing with each other in Lithuania. Their activity is controlled by Lithuanian central bank.
Two key strategic groups of financial intermediation sector could be as follows: large banks such as SEB Bank, Swedbank, DnB Nord and the small banks such as Ūkio Bank, Bank of Šiauliai, Bank Snoras.
One of the largest bank SEB bank and one of the small – Ūkio Bank in will be considered this work.
Specifically, I will compare Ūkio Bank and SEB bank offered deposits. This banking service is chosen because I think this is one of the bank's major engine components: one to spare money and want to save money, others do not have money and want to borrow, the two groups of people facing the bank.
Contributing as a form of investment, and that makes a profit. This is the simplest and most popular investment. We have contributions in both national and foreign currencies. Deposits in different saving purposes, we learn of interest...

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