Answer the questions. 1. Is there a difference between banking systems in the Russia and western countries?
2. What bank services are you familiar with?
3. Do the banks in this country have safety deposit boxes?
4. Whom do the banks make loans to in this country?
5. What kind of loan would you prefer, long-term loan or short-term loan?
6. What prime-rates are available in this country?
7. What does the line of credit of the enterprise depend on?
8. What is a credit letter written for?
9. What can one do with credit reference fetter?

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Yes, there are differences between the banking systems in Russia and western countries, including regulations, services offered, and overall structure.I am familiar with services such as savings accounts, checking accounts, loans, mortgages, and credit cards.Some banks in this country offer safety deposit boxes for customers to store their valuable items securely.Banks in this country make loans to individuals, businesses, and sometimes governments.It would depend on the specific situation, but a long-term loan might be preferred for larger investments and short-term loans for immediate needs.Prime rates in this country can vary depending on the economic conditions and monetary policies.The line of credit of an enterprise depends on factors such as financial stability, credit history, and the overall risk assessment.A credit letter is written to guarantee payment to a third party in case the primary borrower fails to fulfill their financial obligations.A credit reference letter can be used to provide information about an individual's creditworthiness to potential lenders, landlords, or employers.