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sectors of banks and finance

Banks and Financial institutions

Banks and financial institutions are the backbone of the modern economy. They offer essential services such as savings and deposits, loans and credit, payments and transactions, investment opportunities, and risk management solutions. These institutions play a pivotal role in fostering economic growth, ensuring financial stability, facilitating international trade, encouraging savings, and supporting government financing through bond sales. Their functions are vital in maintaining the smooth operation of the global financial system and promoting overall economic well-being.

Their challenges

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