Академический Документы
Профессиональный Документы
Культура Документы
2:30 MINUTOS
What is a bank?
They are entities that are dedicated to working with money: they receive and provide to the
public a profit from operations.
They are organized according to special laws and are dedicated to working with money, for which
they receive and have custody of their deposits made by individuals and businesses, make loans
using the same resources, activity is called financial intermediation.
How a bank created?
To create a bank, the General Banking Law delivers provisions to be fulfilled.
Banks are formed as limited liability companies in accordance with the General Banking Law.
Corporations are made up of a group of founding shareholders, which must submit a program or
project to the Superintendency of Banks and Financial Institutions (SBIF).
Three stages, all of which are made to Sbif:
First Stage: Present a business development plan of the Bank, backgrounds to demonstrate
compliance with the requirements of solvency and integrity established in the General Banking
Law and a deposit of 40,000 UF.
Second Stage: constitution the bank as such, define their operations and their managers.
capital, more than 400,000 UF and can reach 800,000 UF is completed.
Third Stage: This authorization is given to check that the bank has everything you need to
operate normally and after evaluating their business plans for its first three years of operations.