The bank does not have this business at all. It is created by some scammers. Be careful to be fooled.
Debt usually takes the form of financial instruments such as bonds and long-term and short-term notes.
Creditors can be individuals, banks or institutions such as pension funds and insurance companies, which lend money in the belief that the debtor will meet its obligation to repay principal and interest.
Debt instruments have a definite term and maturity date and usually pay interest at a fixed interest rate.
Buyers of debt instruments have funds that they do not need immediately and want to earn interest before using the funds themselves.
Interest is a reward to the creditor for not using the funds for a defined period of time.
A bank is a financial institution established in accordance with the law to engage in currency and credit business. It is the product of the development of the commodity currency economy to a certain stage.
Banks are one of the financial institutions. Banks are divided into types: central banks, policy banks, commercial banks, investment banks, and the World Bank. Their responsibilities are different.
Central Bank: The People's Bank of China is the central bank of our country.