Your English writing platform
Discover LudwigSuggestions(2)
Exact(59)
Banks were accused of taking deposits from redlined areas, but not putting anything back.
It specialized in taking deposits from its loyal customers and made few loans, except to churches.
Taking deposits and creating savings accounts for the poor has gotten short shrift.
But banks also provide a lot of services beyond just taking deposits and making loans.
The company isn't taking deposits yet, so it's unclear whether thousands of interested space travelers will translate into sales.
On the one hand, they are commercial banks, taking deposits, making standard loans and managing the nation's payment system.
The Chicago plan, as it became known, would split banks' two main functions: taking deposits and making loans.
Taking deposits would help round out the present unidimensional relationship of MFIs with their low-income clients.
Yet MFIs are prohibited from taking deposits, or even from acting as local collection agents for commercial banks.
Instead of taking deposits and providing loans, banks have been borrowing from the money markets to buy highly rated, securitised packages, of seemingly diversified loans.
From a Japanese bank manager's perspective, taking deposits is becoming a less and less attractive proposition, even at infinitesimal interest rates.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com