Banco de la Republica has five different policies which they follow in order to be the best bank for Colombis . These information was recollect from the official Banco de la Republica web page.
- Actuar como banco del Estado.
- Controlar la emisión de moneda.
- Recibir consignaciones y otorgar préstamos a los bancos comerciales y al Gobierno.
- Manejar la política monetaria (control de la inflación) y financiera del país.
- Efectuar las transferencias de divisas con los demás países del mundo, entre otras funciones.
These two banks have some similarities and differences. i want to talk of the one that reflects most the importance an role of each bank. The USA Bank is interest in lending the same money of the persons that lend to the bank , in these caise the people will have some monetary benefit. In the Banco de la Republica , their are more interest in just lending the money and earning from the interest they gave to the people. These is a important diffference between the two banks.
Bibliography
Banco de la republica.Un banco Central.2013Banco de la republica, colombia..http://www.banrep.gov.co/es/contenidos/page/un-banco-central. April 4/2014.
Universidad Nacional De Colombia. Economia General. Constanza Montoya Restrepo. http://www.virtual.unal.edu.co/cursos/sedes/manizales/4010043/lecciones/12monedypolmonet2.html
April 4/2014.
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