dc.description.abstract |
Banks play an important activity in the economy of the nation. Early banking framework served
mainly as contributors for assets, while the more present framework has considered the
providing of credit their main reason. Banks are financial establishments or financial
intermediary that gather finance from individuals as store and loan this save as loans and
advances to the borrowers in various parts of the economy against interest for a certain period. Banks do an important job in both national and international trade. Now a day, no country can do without international trade. Also, banks provide some other obsolete administrative measures such as factoring, issuing bank guarantees, etc. which are especially stable in the current business. |
en_US |