What is the primary function of the bank 2024?
I'll answer
Earn 20 gold coins for an accepted answer.20
Earn 20 gold coins for an accepted answer.
40more
40more
Works at the International Criminal Police Organization (INTERPOL), Lives in Lyon, France.
Banks borrow from individuals, businesses, financial institutions, and governments with surplus funds (savings). ... Through the process of taking deposits, making loans, and responding to interest rate signals, the banking system helps channel funds from savers to borrowers in an efficient manner.
2023-05-15 11:51:09
评论(499)
Helpful(122)
Helpful
Helpful(2)

Ethan Davis
QuesHub.com delivers expert answers and knowledge to you.
Banks borrow from individuals, businesses, financial institutions, and governments with surplus funds (savings). ... Through the process of taking deposits, making loans, and responding to interest rate signals, the banking system helps channel funds from savers to borrowers in an efficient manner.