What role does the banking sector play in supposing real economy?

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问题 What role does the banking sector play in supposing real economy?

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答案The banking sector plays several important roles in supporting real economy.In simple terms,it mainly acts four roles: First of all,it is a credit intermediary.On the one hand,banks receive deposits,one the other hand,banks lend money to people.Through this way,capital usage efficiency is increased,and social economy isdeveloped effectively. Secondly,it is one kind of intermediary payment.Banks can handle currency payment and settlement,keep money and precious metal safely on behaff of enterprises and clients.What’s more,no—cash settlement in business can accelerate cash flow and save the cost of currency circulation. Thirdly,it creates circulation tools.Many types of circulation tools can be made by the banking sector,such as check,exchange bill.In the western countries,90%of economic transactions are paid by check.In modern society,some new payment tools,such as credit card and electronic money,are playing an increasingly important role. Fourthly,it provides financial services.Banks can offer a brand range of financial services to meet customers need in different levels.By doing this,banks not only increase their profits,but also expand their business scope in the competitive market.

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