Banks hold deposits and savings entrusted to them by individuals, by businesses, by governments and by central banks. They put that money to work, helping people to buy homes, for example, or lending to businesses to invest in expansion.
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"Banks hold deposits and savings entrusted to them by individuals, by businesses, by governments and by central banks. They put that money to work, helping people to buy homes, for example, or lending to businesses to invest in expansion." — Bob Diamond #moneywealth
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Banks hold deposits and savings entrusted to them by individuals, by businesses, by government…
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Banks hold deposits and savings entrusted to them by individuals, by businesses, by governments and by central banks. They put that money to work, helping people to buy homes, for example, or lending to businesses to invest in expansion. — Bob Diamond
About Bob Diamond
Bob Diamond was a Businessman from United States (1951–present).
Frequently Asked Questions
Who said "Banks hold deposits and savings entrusted to them by individuals, by businesses…"?
This quote is attributed to Bob Diamond, a Businessman from United States.
When did Bob Diamond live?
Bob Diamond lived from 1951 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.