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What is Role of Banks as Financial Intermediaries about?

Banks serve as financial intermediaries by mobilizing savings, financing industries, and facilitating trade, which contributes to economic growth. To attract millennials, banks can offer tailored products like instant savings accounts, mobile applications, and customizable finance management tools. Additionally, banks are shifting focus towards non-fund based loans for risk mitigation and capital efficiency, while managing various risks including reputational, credit, interest rate, and market risks through

Author

dahlia112358

Language

EN