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The banking system of the UK.

ESSAY DETAILS Words: 8010
Pages: 29
(approximately 235 words/page)

Essay Database > Social Sciences > Economics

Contents INTRODUCTION The principal types of banking in the modern world are commercial banking and central banking. A commercial banker is a dealer in money and in substitutes for money such as checks or bills of exchange. The banker also provides a variety of financial services. The basis of the banking business is borrowing from individuals, firms, and occasionally governments. With these resources and also with the bank own capital, the banker makes loans or …

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