System - Banking
These are the front-facing institutions that interact with the public and businesses.
The banking system is a complex network of institutions designed to manage the flow of money, provide credit, and ensure financial stability within an economy. It acts as a bridge between those who have extra funds (depositors) and those who need them (borrowers). 🏛️ Core Components of the Banking System banking system
The system is generally structured in a "two-tier" hierarchy: 1. Central Banks These are the front-facing institutions that interact with
Back to Basics: What Is a Bank? - International Monetary Fund banking system
Provides emergency loans to commercial banks. 2. Commercial & Retail Banks












