Quality of an ideal bank

Essential qualities of an ideal bank:
1)Management efficiency
2)Number of branches
3)Length of life of bank
4)location of bank
5)Origin of bank
6)Rate of interest or profit
7)Banking service
8)Financial solvency
9)Foreign exchange knowledge
10)Green banking
These are the some essential quality of an ideal bank.

Banking system

Today i want to read about banking system.It is very important for economy.The banking system play a great role in economy.So the student of business school need the proper knowledge of banking system.I hope these post will help them.

The birth of present day banking is not sudden; it has come to its present stage through a process of development.Money is the life of bank and banks are the reformer of money.The word ‘Bank’ comes from Italian words Banco, Banca,or Bancus.A bank work as a financial intermediary,as a dealer of loans and debts.

Definition of banking

Banking is the business of a banker."Banking" means the accepting, for the purpose of lending or investment of deposits or money from the public, repayable on demand or otherwise, and withdraw-able by cheque, draft, order or otherwise.

Definition of customer

Generally we will talk about bank customer.The term "customer" is not defined by law.Normally,a person who has an account in a bank known as customer.

This is the end of todays topics,gradually i will talk about banking system.