Bank could be defined as an institution that accepts deposits, provides loans and offer financial services. It is a financial intermediary for the safeguarding, transferring, exchanging and lending of money. It is a connection between customers that have capital deficits and customers with capital surpluses.
At the end of the course, you would be able to understand:-
- What is a Bank ?
- Financial Services
- Types of Financial Institutions
- Services offered by Financial Instutions