the bank help the economy by keeping citizens out of debt
and that's my answer
and im stupid so dont listen to me
by loaning money
Commercial banks - NO. National banks - YES.
Because banks are the financial intermediaries of the economy. If banks operate in an unsupervised manner they might cause economic chaos and uncertainty in the country. That is why governments regulate the banks to ensure that customers are protected and the country's economy is safeguarded.
the role of commercial banking in the development of nigerian economy
mixed economy
Banks help expand and maintain the economy by providing loans and credit to businesses.
by loaning money
the importants of banks is that if banks dont lend to business and other banks to whole economy starts collapse
Commercial banks - NO. National banks - YES.
Sending U.S. astronauts to the moon
It hurts the economy and makes banks lend less which would hurt the economy even more and so on...
Because banks are the financial intermediaries of the economy. If banks operate in an unsupervised manner they might cause economic chaos and uncertainty in the country. That is why governments regulate the banks to ensure that customers are protected and the country's economy is safeguarded.
Because banks are the financial intermediaries of the economy. If banks operate in an unsupervised manner they might cause economic chaos and uncertainty in the country. That is why governments regulate the banks to ensure that customers are protected and the country's economy is safeguarded.
the role of commercial banking in the development of nigerian economy
Because banks are the financial intermediaries of the economy. If banks operate in an unsupervised manner they might cause economic chaos and uncertainty in the country. That is why governments regulate the banks to ensure that customers are protected and the country's economy is safeguarded.
mixed economy
it ruined the nations economy by no money