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Bank right
Bank right
How does the law come to govern and structure the banking organization so that it can best protect everyone's interests?
“ You know better than I, no matter how hard we try,
That money is the key to all great springs,
And that soft metal that strikes so many heads,
In love, as in war, advance the conquests . »
Molière, The School for Women, Act I, Scene 4
Money has always aroused the greatest preoccupations and the greatest conquests. Without it, it is impossible to develop any activity. This assertion is confirmed both by individuals who wish to acquire their first apartment and by companies who decide to invest in order to develop their expertise. Generally, the banks intervene in the realization of these projects and will lend the necessary money, provided that the project is viable and presents the guarantees of repayment.
Banking law then intervenes to govern the activities of credit institutions, both to protect the borrower and to ensure that the bank will be reimbursed, in particular with guarantees such as mortgages or surety bonds. Banking law is therefore a law of actors and a law of activities, a branch of business law. How can credit institutions carry out such activities? What authority is vested in obtaining their approvals, their controls and, if necessary, their sanctions? Apart from credit transactions, what ancillary services are credit institutions authorized to perform? Wealth management, individual or collective; business advice and assistance; supply of commercial information, rental of safes, etc., Blooming Development offers to assist you in setting up these operations by setting up a tailor-made service.