Accounts Quote by Mervyn King

Banks lend by creating credit. They create the means of payment out of nothing.

— Ralph George Hawtrey

When a bank makes a loan, it simply adds to the borrower's deposit account by the amount of the loan. It does not take…

— Robert B. Anderson

The business of a bank is to lend money; which amounts, nowadays, to lending credit.

— John Buchanan Robinson

Banks need to continue to lend to creditworthy borrowers to earn a profit and remain strong.

— Ben Bernanke

There is a strange idea aboard, held by all monetary cranks, that credit is something a banker gives to a man. Credit, on the…

— Henry Hazlitt

Borrowing money from a bank is sometimes like borrowing money from your children.

— Vikrant Parsai

Banks provide payment systems, core deposit and lending facilities that enable us to manage our day to day affairs.

— Chuka Umunna

The most common way customer financing is done is you sell the customer on the product before you've built it or before you've finished…

— Fred Wilson

Payments banks can also act as business correspondents of other banks.

— Chanda Kochhar

Making loans accessible to millions of the previously unbankable customers is a noble goal. Getting them hooked to such loans isn't.

— Evgeny Morozov

When lending people money, be sure their character exceeds their collateral.

— H. Jackson Brown, Jr

People get into debt head over heels because banks make it so easy to do so. Then the banks come along and act like…

— Jonathan Raymond