Banks operate on

The Bank operates in financial markets and are classified as businesses - financial intermediaries. In Ukraine's banking system has two-level structure corresponding to model the credit system of developed countries: the first level - the National Bank of Ukraine, the second - the banks, leading business. The National Bank performs the traditional functions specific to the central bank of the state: develops and implements monetary policy, is the emission and the calculated center of the country, the bank of banks and the government's banker. It belongs to the organs of state regulation, and therefore its revenues and expenses are determined by estimates approved in accordance with applicable law. The National Bank is a business entity has legal personality and belongs to a non-profit organizations, because profit is not the purpose of its activities. Commercial banks shall organize and carry out inter-farm payments and cash payments to attract savings, capital and other funds that are released in the course of economic activity and provide them in a loan used for investment operations, etc. Consequently, the feature business of the bank as opposed to other businesses is that they are dealing with the financial resources that is attracted to free financial resources and place them in active operation for profit. Topic: The role of accounting in the management of the bank, its types and destination