Banks

Banks are businesses that sell a variety of services, all of which involve managing money and stimulating the economy. As a nation we rely on the services of banks for millions of businesses transactions every day. Without banks buying and selling goods within our own economyas well as in the rest of the world be very diffucult

Bank managers must consider these needs and wants of consumer.

• Banks are businesses. Like other businesses they try to make a profit on their activities
• Bank depositors want to earn as high an interest return as possible on their deposits.
• Borrowers want banks to provide reliable loans at as low an interest rate as possible Citizens
  

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