If you are referring to the recent meltdown in started only with financial services firms including banks. Economic meltdown is an unexpected but accelerated financial system failures resulting in drastic reduction in economic activity.
J.P. Morgan
I am not a Nigerian nor a student of Nigerian banking system. However I am an ex banker of Indian banking system with fair amount of experience and education. All banking system collapse has to come out of non recovery of amount lent in time. Some of the crisis can be temporary arising out of time mismatch and while a major crisis can come of quality of assets. Nigerian problem could not be different.
American banks that do banking business in Ghana
Yes, politics greatly affect the banking industry. Government policies affects the economy of a nation which involves its banking industry. An example is the case of the Great recession which affected many banks around the world.
In the late 1990s, the American banking industry included 9,100 commercial banks and 1,800 thrift institutions
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Some degree of control is exerted by government regulatory agencies, but remember that we have a free enterprise economic system; the banking industry essentially controls itself.
state three relevance itc in banking sector
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J.P. Morgan
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.
Sociology is relevant when looking at the institution of banking. For example, different cultures will operate their banks differently to others.
I am not a Nigerian nor a student of Nigerian banking system. However I am an ex banker of Indian banking system with fair amount of experience and education. All banking system collapse has to come out of non recovery of amount lent in time. Some of the crisis can be temporary arising out of time mismatch and while a major crisis can come of quality of assets. Nigerian problem could not be different.
The banking industry started in h late middle ages, at fairs where money was exchanged
tendency to interfere with the banking industry if prospective acquisitions appeared to threaten jobs.
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.
American banks that do banking business in Ghana