IN and OUT of Banking
Bank is a financial institution that is legalized by the government. The function is gives the customer services such as saving, loaning some money, credit, further servicing the investors both domestic and foreign who want to invest their stock. Banking has two parts, namely Monetary Authorities (Central Bank), and Depository Credit Inter-mediation. In Indonesia the Central bank is hold by Bank Indonesia (BI) who manages the Nation’s money supply and international reserves, holds reserve Deposits of other domestic banks and the central banks of other countries. And the function of depository Credit Intermediation is provides checking and debit card services, lends money to consumers and businesses through credit cards, car loans, investment loans, and soon.
