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What is the role of financial services in society (banking) ?

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Question added by Samer Khatib , Economics Moderator , Bayt.com
Date Posted: 2016/08/19
Deleted user
by Deleted user

The financial services that banks provide plays a big part in our society because it plays a big part in the growth of our economy. One of the many examples is that it provides investment services for investors who need capital for building a company or business which will then increase the percentage of employment.

Soldic San
by Soldic San

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latifa althaqeb
by latifa althaqeb , advisor assistant , almulla exchane group company

its the dynamic part in the circular flow of income and expenditure. banks lend most of governmental sectors, companies, peaople which leads to total growth of country's GDP and decreases unemployment.

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