Banking refers to the industry and system involved in managing financial transactions and services, primarily through institutions known as banks. It encompasses a wide range of activities such as accepting deposits, providing loans, facilitating withdrawals and transfers, and offering financial products and services to individuals, businesses, and governments. Banking serves as a critical component of the economy by providing the necessary infrastructure for managing money, credit, and investments. It includes various types of banks, such as commercial banks, investment banks, and credit unions, each fulfilling different roles in the financial ecosystem. In essence, banking enables efficient capital allocation, helps in risk management, and contributes to economic stability and growth.
Joyo Bank, under Mebuki Financial Group, is strategically adapting to fluctuating interest rates and bond markets. The bank has paused domestic bond investments in anticipation of potential Bank of Japan…