THE ROLE OF THE BANK IN THE ECONOMY
Keywords:
Banks play a key role in the economy by providing financial stability and supporting economic growth. Banks accept deposits, extend credit, provide safe custody, settle payments between participants in the economy and participate in the formation of the money supply.Abstract
Bank, Economy, Finance, lending, cash custody, money supply formation, payment transmission functions, capital formation, liquidity, assets and asset quality, risk management, reputation and trust, financial strength, innovation and technology, customer focus, development of new products and services, investment in human resources, social responsibility, risk management in the bank, risk identification, risk assessment, risk control and management, monitoring and reporting, regulatory compliance.
