Focus on individual consumers (checking/savings accounts, personal loans).
The banking system is a complex network of institutions designed to manage the flow of money, provide credit, and ensure financial stability within an economy. It acts as a bridge between those who have extra funds (depositors) and those who need them (borrowers). 🏛️ Core Components of the Banking System banking system
Focus on business services (working capital, trade finance). Focus on individual consumers (checking/savings accounts
Back to Basics: What Is a Bank? - International Monetary Fund banking system
Responsible for printing and distributing national currency.