Why is the establishment of new usually favored over the chartering of as a vehicle for delivering financial services Discuss.
Note:-You are required to reply to at least two peer responses to this weeks discussion question. Your replies need to be substantial and constructive in nature.
(200 Words for both replies)
Please find the peer responses below:
1- The branches are widely spread, and the beneficiaries can complete their work more quickly than being concentrated in one place only, and also reduce costs and burdens on financial institutions and others.
2- The chartering of a is normally a lengthy and expensive process, requiring the completion of elaborate federal or state application forms, while the is normally far simpler and less costly. Moreover, with the increase in the number of failures in recent years regulatory-imposed capital requirements for new charters have increased substantially, while new branch offices usually carry significantly lower capital requirements. Moreover, branch offices themselves are often much less elaborate and costly to build and maintain than are the headquarters’ facility of a new institution where some duplicate facilities can be eliminated (for example, checking processing, credit analysis, and records departments)
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more