Banking

Banking refers to the industry and system involved in managing financial transactions, including accepting deposits, lending money, and providing a range of financial services. It encompasses a variety of institutions, such as commercial banks, investment banks, credit unions, and savings and loan associations, which facilitate the flow of money in the economy. Banking services often include checking and savings accounts, loans, mortgages, and investment products, as well as payment processing and wealth management. The banking sector plays a crucial role in the financial ecosystem, influencing economic stability, providing credit to individuals and businesses, and managing monetary policy through central banks.