Question

Conditions of banks since 25 years.

Answer 1

Conditions of banks since 25 years:

• In the 'past twenty-five years', banks have been challenged by financial innovations, deregulation, and globalization. In the process, commercial bank profitability has influenced significantly.
• The banking industry suffered hard times in the 'late 1980s' and advanced 1990s but recovered strongly through the late 1990s.
• In the advanced years of the '21st century', the banking industry is in robust condition.

Banks play a key role in the economy, so a financially healthy banks g sector is essential to the nation’s economic well-being.