The banking system is one of the most important and integral structures of the market economy. The development of banks and commodity production and circulation has historically been parallel and closely intertwined. At the same time, banks, carrying out monetary calculations, crediting farms, acting as intermediaries in the redistribution of capital, significantly increases the overall efficiency of production, contribute to the growth of productivity of social labor. Today, in the conditions of developed commodity and financial markets, the structure of the banking system is sharply complicated. There are new types of financial institutions, new credit tools and methods of customer service.
The banking system regulates money circulation in the country. It provides various services to legal entities and individuals, while creating credit economic relations, which in turn allow market economy entities to develop.
