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Operation Of The System
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The Nature Functions And Classification Of Banking Institutions








The terms, "bank" and "banking," are applied to institutions and to
businesses which differ considerably in character, functions, and
methods, but which nevertheless have certain common features which
justify their being grouped together. We can best prepare the way for
a discussion of these differences and common features by a description
of the services which these institutions perform in modern society.





Next: Services Performed By Banking Institutions




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