Publisher's Synopsis
""The Methods And Machinery Of Practical Banking"" is a book written by Claudius Buchanan Patten and published in 1908. The book provides a comprehensive guide to the inner workings of the banking industry, covering topics such as the history of banking, the role of banks in the economy, the various types of banks and their functions, and the methods and techniques used in banking operations.The book is divided into several sections, each of which focuses on a specific aspect of banking. The first section provides an overview of the history of banking, tracing its origins back to ancient times and exploring how it has evolved over the centuries. The second section discusses the role of banks in the modern economy, including their importance in facilitating trade and commerce, providing credit to businesses and individuals, and managing financial risk.The third section of the book delves into the various types of banks and their functions, including commercial banks, savings banks, and investment banks. It also explores the different types of bank accounts, such as checking accounts, savings accounts, and time deposits.The fourth section of the book covers the methods and techniques used in banking operations, including the use of checks, electronic banking, and the management of bank reserves. It also discusses the importance of bank regulation and the role of central banks in maintaining financial stability.Overall, ""The Methods And Machinery Of Practical Banking"" provides a comprehensive and detailed guide to the world of banking, making it an invaluable resource for anyone interested in understanding how banks operate and their role in the global economy.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
