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insurance loan bank

Banks provide different payment services, and a bank account is considered indispensable by most businesses and individuals.If all the banks increase their lending together, then they can expect new deposits to return to them and the amount of money in the economy will increase. Excessive or risky lending can cause borrowers to default, the banks then become more cautious, so there is less lending and therefore less money so that the economy can go from boom to bust as happened in the UK and many other Western economies after 2007. Non-banks that provide payment services such as remittance companies are normally not considered as an adequate substitute for a bank account.



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bank loan insurance

Gradually the goldsmiths began to lend the money out on behalf of the depositor, which …