Think of the bank you or your family uses. What are some things that are positive or negative about the bank? what are some questions you have that you would like to know?.

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14-11-2022
Business

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Think of the bank you or your family uses. What are some things that are positive or negative about the bank? what are some questions you have that you would like to know?.

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saishreechandan907 saishreechandan907 · Answer 1 · 2022-11-19T13:58:14+01:00

Banks have benefits. Public wealth is safe. Cheap Loans are available. Economy's propellant massive scale economies Rural area development. World Wide.Banks' shortcomings. Chances that a bank will fail.

A bank is a type of financial institution that lends money while also accepting deposits from the general public and generating demand deposits. The bank can carry out lending activities directly or indirectly through capital markets.

Most jurisdictions place a high degree of regulation on banks because they are crucial to both the financial stability and the economy of a nation. The majority of nations have institutionalized a system of fractional reserve banking, in which banks hold liquid assets that are only partially equal to their current liabilities. Banks are typically subject to minimum capital requirements based on an international set of capital standards, the Basel Accords, in addition to other regulations meant to ensure liquidity.

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