Banking

Banking is the industry involved in the management and provision of financial services, including accepting deposits, offering loans, and facilitating transactions. It primarily involves institutions known as banks, which act as intermediaries between individuals and entities seeking capital and those with surplus funds. Banking services encompass various activities such as savings and checking accounts, personal and commercial loans, credit issuance, investment services, and wealth management. Banks also play a crucial role in the economy by influencing money supply, providing payment systems, and contributing to the stability of financial markets.