Young Entrepreneurs Congress

Banking & Finance Management

Entrepreneurship 2022 states Banking is an industry that handles mazuma, credit, and other financial transactions. Banks provide a safe place to store extra cash and credit. They offer savings accounts, certificates of deposit, and checking accounts. Banks utilize these deposits to make loans. Financial management may be defined as the area or function in an organization which is concerned with profitability, expenses, cash and credit, so that the "organization may have the expedient to carry out its objective as satisfactorily as possible;" the latter often defined as maximizing the value of the firm for.