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What is Banks about?

Banks play an important role in economic development by collecting savings from individuals and lending to businesses, facilitating commerce and the creation of new capital. They assist manufacturers by providing loans for raw materials and working capital. Banks also arrange for the sale of stocks and bonds to provide businesses with fixed capital. Certain banks provide long-term loans and assistance to new companies and industries. Banks can expand the money supply when needed to support business expansio

Author

Osama Ahmed

Language

EN