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One Serving As An Officer or Owner of A Bank

A bank is a financial institution that accepts deposits from customers with capital surpluses and uses those funds to provide loans to customers with capital deficits, connecting those with excess funds to those needing funds. Banks serve as intermediaries by taking in deposits and channeling money into lending activities, either directly through loans or indirectly through capital markets.

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50 views1 page

One Serving As An Officer or Owner of A Bank

A bank is a financial institution that accepts deposits from customers with capital surpluses and uses those funds to provide loans to customers with capital deficits, connecting those with excess funds to those needing funds. Banks serve as intermediaries by taking in deposits and channeling money into lending activities, either directly through loans or indirectly through capital markets.

Uploaded by

hmd_shamim7481
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending

activities, either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital surpluses. banker 1. One serving as an officer or owner of a bank.

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