Banking refers to the financial activities associated with the management of money, including the acceptance of deposits, provision of loans, and offering of various financial services to individuals, businesses, and governments. It encompasses a range of institutions, primarily banks, that facilitate financial transactions and provide essential services such as savings accounts, checking accounts, mortgages, and investment products. Banking is vital for the functioning of the economy as it supports liquidity, enables credit creation, and facilitates payments. There are various types of banking, including commercial banking, investment banking, and central banking, each serving different roles within the financial system. The banking sector is regulated by government authorities to ensure stability, protect consumers, and maintain confidence in the financial system.
Joyobank adopts a cautious strategy amidst potential interest rate hikes, prioritizing vigilance in domestic bond investments. Executive Director Bird Yoshitsugu highlights the potential allure of government bonds if interest rates…