Question

what is simple definition of loans from indigenous bankers ​

Answer 1

Answer:

Indigenous bankers are private firms or individuals who operate as banks and as such both receive deposits and give loans. Like banks, they are also financial intermediaries. They should be distinguished h professional moneylenders whose primary business is not banking but money lending.

Answer 2

Answer:

hope it helps you if it did then please mark me as brainliest :)

Explanation:

Indigenous bankers are private firms or individuals who operate as banks and as such both receive deposits and give loans. Like banks, they are also financial intermediaries. They should be distinguished h professional moneylenders whose primary business is not banking but money lending.