What is Banking?

Question

WYCLIFF OMONDI · Answer

The business activity of accepting and safeguarding money owned by individuals or other entities

Farhad Tajir · Answer

Banking is a business which accept deposits at lower profit , and lend to others at a higher rate.

Mohamed Mukshith · Answer

Services offered by a bank.

Noriebeth Del Rosario · Answer

In general terms, the business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to earn a profit.

danish danish mehmood · Answer

the business conducted or services offered by a bank.

Catherine Gaqui · Answer

In general terms, banking is a service activity offered by a bank.