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Chapter Seven discusses various banking services offered by modern banks, including loans, overdrafts, currency exchange, and online banking. It also covers the role of development banks in providing long-term funding for capital-intensive projects and the functions of cooperative banks in promoting savings and supporting rural development. Additionally, the chapter highlights the responsibilities of paying bankers in honoring checks and the precautions they must take to protect customer interests.

Author
zelalem
Language
EN

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