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Home > QFINANCE Dictionary > Definition of banking system

Definition of

banking system


network of banks providing financial services a network of commercial, savings, and specialized banks that provide financial services, including accepting deposits and providing loans and credit, money transmission, and investment facilities

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Definitions of ’banking system’ and meaning of ’banking system’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’banking system’ and other financial terms with our online QFINANCE Financial Dictionary.

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