Banking
The economic stability of one country depends on how strong is their banking system. Local and international trade and commerce will not be facilitated without banking. Furthermore, banking activities like lending, loans, business and commercial financing are responsible for the distribution, exchange and the increase of assets. In fact, people are turning to banking institutions to save money and invest. Throughout the years, banking helped people save and encouraged other people to learn the smarter way of saving because without banking. Definitely, banking is vital in the economic development of one nation because without banking there will be no investment.
European Central Bank