What does banking industry mean?

Definitions for banking industry
bank·ing in·dus·t·ry

This dictionary definitions page includes all the possible meanings, example usage and translations of the word banking industry.

Princeton's WordNet

  1. banking industry, banking systemnoun

    banks collectively

ChatGPT

  1. banking industry

    The banking industry refers to the sector of the economy focused on providing a wide range of financial services including managing deposits and withdrawals, offering loans and credit, facilitating investments, and other financial transactions. Institutions in this industry include commercial banks, savings banks, credit unions, and investment banks. It plays a crucial role in promoting economic growth and stability by supporting personal finance, business operations, and public administration.

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Numerology

  1. Chaldean Numerology

    The numerical value of banking industry in Chaldean Numerology is: 9

  2. Pythagorean Numerology

    The numerical value of banking industry in Pythagorean Numerology is: 8

Examples of banking industry in a Sentence

  1. The FDIC:

    Low energy prices have led to a sharp increase in non-current loans to oil and gas producers, the full impact of low energy prices on the banking industry remains to be seen particularly for consumer and business loans in energy-producing regions of the country.

  2. Mike Mayo:

    You're creating your own unlevel playing field if you are working from home while your competition is out seeing clients face-to-face, the banking industry certainly seems intent on getting employees back to the office. But it's much more pronounced on Wall Street, where the degree of competition has always been several levels above the rest.

  3. Richard Hunt:

    It certainly needs some perfecting, to have an outright repeal of Dodd-Frank I don't think would serve the banking industry or consumers.

  4. Ernst Fehr:

    Many scandals..have plagued the financial industry in the last decade, These scandals raise the question whether the business culture in the banking industry is favouring, or at least tolerating, fraudulent or unethical behaviours.

  5. Camden Webb:

    I think there are two factors chiefly in play – one is that a lot of folks in the banking industry don’t understand the firearms industry, but I also think that it was the regulatory environment that identified the industry as riskier than others, but now, as I ’m talking to banker friends about the industry, they are much more willing to learn about the industry and address that knowledge gap and I think that’s a great thing.

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"banking industry." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/banking+industry>.

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