Bank or financial institution is an important component of the economy because it is the largest source of savings mobilization helped raise money and savings to the Government or private loans as well as demand for funds to invest in or develop national utilities. It is a major source of loan sources.
Banks and financial institutions A key component of the economy. Saving as a major source to help raise money. To be used as a loan to the government or private funding needs to be invested or the infrastructure of the nation. It is a great source of lending.
The bank or financial institution is the important component of the economic system. Because it is the source of the saving money big source that help mobilize savings.Therefore, as a source of lending source.