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European banks
Banks have always played a very important role in our day to day life. They are the first thing that comes to our mind when we think of money or any financial assistance to support our needs. Not only do they support our financial needs, but also help us with various financial schemes to make sure we have a secure future for our family.
The history of banks dates back to early 13th century and from the very first day that they have evolved, they have been instrumental in shaping our society and the way we understand the value of our money. One of the very first banks in the world was founded in Europe, and even the word bank is derived from the Italian root word “banco”, which means bench or desk.
Though, hundreds of banks worldwide have come up with new services to lure more customers, European banks have always remained a step ahead of the market competition. Due to their unmatched reputation for keeping bank transactions secret, European banks have been the favorite banks of people with high profile, or for those who prefer to keep their profile very low and hidden. With growing technological advancement, these European banks continuously update their banking criteria and procedures to provide their customers with high standards of banking security and to avoid any theft or unauthorized transactions.
European banks like European Central Bank and European Investment Bank play vital role in supporting European Union’s objectives and oversee the financial situation in Euro zone. Other European banks like banks in Switzerland, Italy, Germany, France, Sweden, Spain, Austria, Belgium, Luxembourg, Malta, Portugal, Ireland and remaining states of EU, together decide about the monetary policies which would affect the other European countries in whole and individually.
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This post was written by admin on September 2009
I also find the european banks much safer than the american banks. Their systems have better security. Moreover, the loans from banks of europe seem to be cheaper.
European banks work different than the american ones. They are based on another system, I guess.
The europe bank i work mostly is raiffeisen bank and I am happy with it!
Zack, banks of europe have a different system than american ones because in usa, LOTS of people take loans. European banks have fewer loans. This is why I think the europe bank is different.
I like european banks more because it keeps things secret. Unlike other ones, that can make some transactions public. I don’t know if an europe bank is the safest in the world, though.
There isn’t that much of a difference between banks of europe and american banks. Just because both try to rip you off! Nevertheless, regarding the actual situation, I would trust more the european banks.
I came across this blog from google, searching for banks of europe. I would be interested in a list with banks of europe, if someone knows them. Also, what bank do you think is the best?
European banks have a different way of working with clients. American ones are more greedy with people. I am a fan of the europe bank.
Jossey, I am not so sure I agree with you. I love my American bank because they work with me to get the best rates and do not rip me off. When I was in Germany I was ripped off but a bank teller. At this European bank, he thought I did not know a lot and tried to cheat me out of money. Luckily for me my German teacher who was from Germany caught it. He knew he was ripping me off but he got caught.
Angie that is an interesting story. It is terrible that someone would try to rip off someone who is not familiar with that country. Good thing he got caught.
I think that there are many good banks though in Europe. Ones that really want to help out the consumer.
I did not have to deal with European banks when I was in Europe. I took travelers checks and used them and had some money switched over to Euros in the states. I would have liked to have stoppped in one to see how they run though. It would have been a good experience for me.
I hadn’t known many things about European banks. This subject is parallel to me.
The history of European banks is however quite interesting.
But these institutions are very tricky. They must earn something too, don’t they?