The banking, accounting, and financial services industry comprises the activity related to banking and insurance services, accounting, investments, asset management, foreign exchange, and monetary transactions. It is concerned with direct saving and lending, along with the redistribution of risk and other financial activities. The sector comprises commercial banks, non-banking financial firms, insurance companies, co-operatives, pension funds, mutual funds, and other smaller financial entities. Banking and financial services are the economic and monetary-related services provided by banks, insurance companies, credit-card companies, and accountancy companies.
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