Banking refers to the industry and activities involved in the management of financial resources, primarily through the provision of services such as accepting deposits, making loans, and facilitating transactions. It encompasses a wide range of financial institutions, including commercial banks, investment banks, credit unions, and savings and loan associations. The primary functions of banking include safeguarding deposits, granting credit to individuals and businesses, and providing various financial products and services such as checking and savings accounts, mortgages, and investment options. Banking plays a crucial role in the economy by enabling the flow of money, supporting economic growth, and providing a mechanism for saving and wealth accumulation. It is regulated by government entities to ensure stability, consumer protection, and the integrity of the financial system.
Jyoyo Bank, part of Mebuki Financial Group, employs a patient strategy amid rising interest rates in Japan. The bank maintains a strong foreign bond portfolio to capitalize on U.S. interest…