Accountancy, asked by Sarayu1839, 6 months ago

List out some of the importance banking in your everyday life

Answers

Answered by aisha490
0

Answer:

Banks are closely linked with our everyday lives and activities. Drawing salaries, paying bills, buying homes, building up savings and taking out loans

Answered by Anonymous
1

Answer:

Main purpose of banks

Keep money safe for customers.

Offer customers interest on deposits, helping to protect against money losing value against inflation.

Lending money to firms, customers and homebuyers.

Offering financial advice and related financial services, such as insurance.

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