What do you know about banking?

Question

Accepted Answer

Banking involves financial transactions, loans, investments, and other financial services.

Banks accept deposits from customers and use that money to make loans to other customers.
They offer various types of accounts such as savings, checking, and money market accounts.
Banks also provide services such as credit cards, mortgages, and investment opportunities.
They are regulated by government agencies such as the Federal Reserve and FDIC.
Examples of banks include JPMorgan Chase, Bank of America, and Wells Fargo.

Accepted Answer

Banking is the financial conduct institution licensed to revice despoit to make loans in most countries banks are regulated by the National government or central bank

Accepted Answer

Banking is defined as the business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to conduct economic activities such as making profit or simply covering operating expenses. ... Investment banks gear their services toward corporate clients.

What do you know about banking?

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