Question

The role of the bank in the development of an economy on the basis of various activities carried out by the bank

Answer 1

The banking system plays an important role in the modern economic world. Banks collect the savings of the individuals and lend them out to business- people and manufacturers. ... Thus, the banks play an important role in the creation of new capital (or capital formation) in a country and thus help the growth process. Bahrain Economic Development Board provides support to access investment opportunities. Connect with the right stakeholders faster and profit from the $1.5 trillion Gulf market. No free zone restrictions. Unrivalled market access.

Answer 2

The banking system plays an important role in the modern economic world. Banks collect the savings of the individuals and lend them out to business- people and manufacturers. ... Thus, the banks play an important role in the creation of new capital (or capital formation) in a country and thus help the growth process

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