Banking Activities

Definition of Bank: -

Bank can be defined as a financial intermediary that deposits and accepts cash, for transforming the cash deposits into lending activities, through loans or by indirectly investing as capitals. Bank tends to link together, the capital deficits and the customers, having surplus capitals. Because of the wide range of banking activities, majority of the developing countries across the world have influential banking systems.

Textbooks on Bank: -

Some of the basic textbooks on Banking are as follows:

• Analyzing Banking Risk: A Framework for Assessing Corporate Governance and Risk Management, Hennie van Greuning,Sonja Brajovic Bratanovic, 2009.
• The World Bank: History, Devesh Kapur, John Prior Lewis, Richard Charles Webb, 1997.

Examples of Bank: -

Activities undertaken by banks include:

• Insurances
• Foreign exchange trading

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