A bank is a financial institution which acts as an intermediary between savers and users
of funds.
This post confirms my ownership of the site and that this site adheres to Google AdSense program policies and Terms and Conditions
Friday, April 23, 2010
FUNCTIONS OF BANKS
1. Traditional Functions a. Deposit-taking: A bank accepts money from its customers (members of the public). A customer can keep his/her monies in currentaccounts where no interest is payable (by the bank) or in savings
No comments:
Post a Comment