1st October 2016

The Benefits of Banking 2016

Banking is at the heart of the economy and our daily lives. It plays a crucial role in helping us carry out a range of transactions, from the weekly shop to buying a home. The industry also helps savers put money away for a rainy day and businesses to expand their operations overseas into new markets.

Banks today are very different from how they used to be. Customers are increasingly choosing to manage their money through digital and mobile banking. Innovative technology means that many payments can be carried out in the blink of an eye.

As banking evolves, the industry remains committed to ensuring no customer is left behind. The industry is working hard to support vulnerable customers. It’s crucial that banks continue to create jobs, drive growth and spread prosperity right across the UK.