what is branch banking system what are its advantages
Answers
Answer:
The advantages of branch banks are as follows: Large Size: As it is big in size, it gets all the advantages of large type of institution. Adequacy of capital: its capital is adequate because it's big. Adequacy of Deposits: it deals its business in countrywide or in abroad, so it can collect adequate deposit.
Answer:
Branch banking is the operation of storefront locations away from the institution's home office for the convenience of customers. Since the 1980s, branch banking in the U.S. has gone through significant changes in response to a more competitive and consolidated financial services market.
The advantages of branch banks are as follows: Large Size: As it is big in size, it gets all the advantages of large type of institution. Adequacy of capital: its capital is adequate because it's big. Adequacy of Deposits: it deals its business in countrywide or in abroad, so it can collect adequate deposit.