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Banks are the financial intermediaries of the economy. Without them there will be no financial prosperity. Banks accept deposits from people who have surplus and lend out loans to people who need the money. Most commercial banks provide the following services to customers:
- Savings accounts
- Checking accounts
- Fixed Deposits
- Home Loans
- Personal and Auto loans
- Credit Cards
- etc
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Role of computerization in the banking sector?
Computerization has been a revolutionized the banking industry. The advent of the usage of computers has enormously increased the banking capabilities of the banks and they are able to offer better and wider range of services to their customers. Internet banking, mobile banking, ATMs etc. are all the fruits of computerization of the banking industry. Banks are able to expand at a great rate and offer services to more and more customers because of the use of computers.
Where did the banking industry start?
The banking industry started in h late middle ages, at fairs where money was exchanged
What industry was JP Morgan involved in?
Banking.
What is modern banking system?
Modern banking system has been able to incorporate technology into the banking industry. This is what has made online and mobile banking possible.
Who was a giant in the banking industry?
J. P. Morgan
Role of SEBI in regulating merchant banking industry?
at are the roles of SEBI
What is the role of service in the banking industry?
To help customers carry out a variety of transactions and answer their questions.
What is the role of induction courses in workers efficiency in banking industry?
The role of induction courses in workers efficiency, in the banking industry, is to help people understand their responsibility. Induction courses are given to help a person learn the fastest way to perform a specific task.
What industry does banking come under?
Banking falls under the financial industry. The Federal Reserve is the central banking system of the US. Each state has its own Department of Financial Institutions, which oversees the banking industry.
Role of computerization in the banking sector?
Computerization has been a revolutionized the banking industry. The advent of the usage of computers has enormously increased the banking capabilities of the banks and they are able to offer better and wider range of services to their customers. Internet banking, mobile banking, ATMs etc. are all the fruits of computerization of the banking industry. Banks are able to expand at a great rate and offer services to more and more customers because of the use of computers.
Which of the following titans of industry played a major role in holding the economic system together with his banking and business practices?
J.P. Morgan
What best describes the US government's role with the banking industry at the beginning of the Depression?
the governemt had little or no involvement with monitoring the health of the banks.
Where did the banking industry start?
The banking industry started in h late middle ages, at fairs where money was exchanged
What statement best describes the US government's role with the banking industry at beginning of the Depression?
the governemt had little or no involvement with monitoring the health of the banks.
How does the French government deal with the banking industry?
tendency to interfere with the banking industry if prospective acquisitions appeared to threaten jobs.
How can you get into a career in the banking industry?
You will have a better chance in the banking industry if you at least have an associate degree in in business or finance. Many positions are not open to anyone who does not have a degree. Try internships or trainee positions if you are serious about breaking into the banking industry.
How competitive is the banking industry in Ghana?
American banks that do banking business in Ghana
