BANKING

  Banking overview. Banking Banking is the business activity of accepting deposits from the public and lending or investing those funds to earn a profit. Banks provide a range of financial services to individuals, businesses, and other organizations, including savings and checking accounts, loans, credit cards, investment products, and various forms of financial advice and assistance. Banks play an important role in the economy by channeling funds from savers to borrowers, providing liquidity to financial markets, and facilitating economic growth. They are also regulated by governments to ensure that they operate safely and soundly and that they meet the needs of their customers. There are different types of banks, including commercial banks, investment banks, central banks, and retail banks. Each type of bank performs specific functions and has different regulations and requirements.