Loans: 1. Lending by financial institutions to consumers (investors), the loan interest rate is much higher than the deposit interest rate

2. Loans include discounts, overdrafts, etc.

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3. Loans require certain credit and collateral from the lender

4. Loan procedures are more complicated

5. Loans carry greater risks

6. The interest rate for loans is given by the lender, and the interest rate for deposits is given by financial institutions such as banks. The loan interest rate is much greater than the deposit interest rate

7. Loan form: ordinary loan limit and standby loan commitment working capital Loans and project loans

Credit account and overdraft account bill discount

8. Significance Banks invest concentrated currency and monetary funds through loans to meet the supplementary funds for the expansion of social reproduction. need to promote economic development; at the same time, it can also obtain loan interest income and increase the accumulation of the bank itself. In China, the principle of paid use of loans is also used to promote enterprises to improve their operations and management; bank credit is also used as an important way to allocate funds and as an important economic lever to regulate and manage the economy

Deposits; 1. Reduce Consumption, increased interest

2. Less risk (slightly opposite to the above loan, I won’t mention it here)

3. Type: unit deposit, time deposit, demand deposit, call deposit

(See /view/51830.htm for details)

Hope this helps you