Cash withdrawal and ATM withdrawal are two commonly used terms in banking, yet they refer to distinct processes. While both involve taking money out of an account, they differ in terms of the method and context in which the transactions are carried out. Understanding these differences is crucial for...
IntroductionBanks play a crucial role in the economy by acting as intermediaries between those who have surplus funds (depositors) and those who need funds (borrowers). One of the primary functions of banks is to engage in loan activities, which involve lending money to individuals, businesses, and ...
IntroductionBanks play a crucial role in the financial system by providing various services, one of the most significant being loan activities. Loan activities are essential for both the bank and the economy as a whole. For banks, loans generate interest income, which is a primary source of profit. ...
