– Central Bank: The central bank is the apex monetary authority of a country. It is responsible for formulating monetary policy, issuing currency
– Central Bank: The central bank is the apex monetary authority of a country. It is responsible for formulating monetary policy, issuing currency
– Commercial Banks: Commercial banks are the most common type of bank. They offer a wide range of financial services to individuals and businesses.
– Commercial Banks: Commercial banks are the most common type of bank. They offer a wide range of financial services to individuals and businesses.
– Investment Banks: Investment banks specialize in providing financial services to corporations and governments.
– Investment Banks: Investment banks specialize in providing financial services to corporations and governments.
– Retail Banks: Retail banks focus on providing financial services to individual consumers. They offer a variety of deposit accounts, loans, and other banking products and services.
– Retail Banks: Retail banks focus on providing financial services to individual consumers. They offer a variety of deposit accounts, loans, and other banking products and services.
– Credit Unions: Credit unions are member-owned financial cooperatives that offer a variety of financial services to their members, such as deposit accounts, loans, and credit cards.
– Credit Unions: Credit unions are member-owned financial cooperatives that offer a variety of financial services to their members, such as deposit accounts, loans, and credit cards.
– Online Banks: Online banks offer many of the same services as traditional banks, but they do so exclusively online.
– Online Banks: Online banks offer many of the same services as traditional banks, but they do so exclusively online.
– Offshore Banks: Offshore banks are located in countries with lax financial regulations.
– Offshore Banks: Offshore banks are located in countries with lax financial regulations.