Loans and Discounts: Proved Methods That Build Business, Tested Time-Saving Systems and Records for Loans of Every Sort, Lending Profitably to Farmers, How to Increase Earnings (Classic Reprint) - Softcover

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9780428927868: Loans and Discounts: Proved Methods That Build Business, Tested Time-Saving Systems and Records for Loans of Every Sort, Lending Profitably to Farmers, How to Increase Earnings (Classic Reprint)

Synopsis

This illustrative guide delves into the mechanisms that optimize proven banking practices to secure business and minimize costs. The author draws on observations from the procedures of multiple banks, large and small, to illustrate their adjusting to business trends and the evolving global economy. Among the topics covered in detail are the historical development of banking practices for lending, the role of a discount committee in making loan decisions, and the use of forms and systematic record-keeping in managing loans. Crucially, the author emphasizes the importance of the bank's service to its customers: providing clear and detailed information, and committing to prompt attention and clear communication. An essential guide to banking practices and their implementation in the modern landscape, this book offers valuable insights that will benefit banking professionals at all levels of experience.

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