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Does a bank market itself as a status symbol or as a thing of conveniance to the customers?
Trust is the foundation
The Bank's work
Action sensitive hitched to provide services to customers
When there is trust between the parties
Activity flourished Bank
Off course, Bank builds upon reputation and goodwill, which attracts customer confidence to invest or maintain their deposit in safe hands. Also the country's regulatory standards who monitors Banks and Financial institution activities plays a big role to maintain the status of banking industries.
However due to several private banks run to bankrupt in US, UK & EU have done huge damage to banking industry.
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