BANK

BANK

DEFINITION OF BANK
The bank was a place where money was kept and lent.
 According to regulations of Republic Of Indonesia No.10 in 1998 on November 10 1998 about banking, that was meant by the bank is the company that assembled the fund from the community in the form of savings and distributed him to the community in the form of credit and or other forms in order to increase the level of life the many people. 
From the understanding above could be explained in a manner still more areas again that the bank was the company that was involved in finance, meaning that the activity of banking always was linked in the financial field.

  The main function of the bank is to provide the service be related to the storage the value and the expansion of credit. The evolution of the starting bank from the start of the article, and continued until whereed are you now the bank as the financial institution that provided the financial service.. 

Now the bank is the institution that held the bank's licence. The bank's licence was given by authoritarian the supervision of finance and gave the right to carry out the service of basic banking, as accepting savings and giving the loan. The bank's words came from the Italia language banca or money. Usually the bank produces the profit from the transaction cost on the service that was given and the flower from the loan

This changing activity is now known by the name of the Trader Foreign Currency (Money Changer). Afterwards in the further development, the operational activity developing banking still becomes the place of the depositing of money or that was acknowledged as this current the savings activity. It was following that the banking activity improved with the activity loan money. Money that was kept by the community, by banking was lent again to people that needed him. The bank's other services following in accordance with the development of the time and the requirement for the increasingly heterogenous community. The bank's words came from the Italia language banca or money. Usually the bank produces the profit from the transaction cost on the service.

The development of banking in Asia, Africa and America was brought by the European nation when carrying out the colonisation to his colony country was good in Asia, Africa and the American continent. When being investigated, the history was known by him banking was begun from the conversion of money service. So as in the history of banking, the meaning of the bank was known as the place table of conversion of money. In the history trip of the kingdom of the time previously possibly his conversion of money was carried out between the kingdom that one dnegan the other kingdom.