Definition of «banking»

Usage examples

1. Online banking: With the rise of digital technology, many people now prefer to manage their finances through online banking platforms.
2. Mobile banking: Mobile banking apps have become increasingly popular, allowing individuals to access their accounts, make transactions, and even deposit checks using their smartphones.
3. Investment banking: Investment banking involves assisting corporations and governments with raising capital, conducting mergers and acquisitions, and providing financial advice.
4. Retail banking: Retail banking refers to the general services provided by commercial banks to individual customers, such as checking and savings accounts, loans, and mortgages.
5. Internet banking: Internet banking allows customers to access their accounts and conduct financial transactions through a bank's website from the comfort of their own home.
6. Corporate banking: Corporate banking focuses on providing financial services and products to corporate clients, including cash management, lending, trade finance, and advisory services.
7. Central banking: Central banks, such as the Federal Reserve in the United States, are responsible for setting monetary policy, regulating commercial banks, and maintaining stability in the financial system.
8. Investment banking division: Within an investment bank, the investment banking division handles underwriting, initial public offerings (IPOs), mergers and acquisitions (M&A), and other strategic advisory services to corporate clients.
9. Ethical banking: Ethical banking, also known as socially responsible banking, involves banks practicing responsible lending and investment practices that align with environmental, social, and governance (ESG) considerations.
10. Digital banking: Digital banking refers to the integration of technology into traditional banking services, making it more convenient for customers to access, manage, and track their financial transactions.