Banking systems

Most market economies have a two-tier structure, which implies both horizontal and vertical interconnections between banks. The need for a two-tier banking system is due to the contradictory nature of…Continue readingBanking systems

What bank does the future hold?

The technological revolution is affecting all industries, transforming all kinds of industries. This is why, in this digital age, more and more people are talking about the future of banking…Continue readingWhat bank does the future hold?

Types of banking systems

Retail Banks

Retail banks are the most common type of bank used by individuals and small businesses. When you think of your local bank, it’s probably a retail bank. Banks like Chase…Continue readingRetail Banks

Commercial banks

The next type of bank we have is a commercial bank. These banks are primarily for businesses, but individual consumers can also bank at commercial institutions. Commercial banks provide small…Continue readingCommercial banks

Investment banks

Investment banks are slightly different from the other two on the list. Their main function is actually to manage the trading of stocks, securities and bonds between companies and their…Continue readingInvestment banks

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