Il sistema bancario
Example: Il sistema bancario italiano sta affrontando molte sfide attuali.
Definition
"Il sistema bancario" refers to the network of banks and financial institutions within a country that provide services such as deposit acceptance, lending, and money management. It plays a crucial role in supporting economic activities and maintaining financial stability.
Etymology
The term "il sistema bancario" comes from Italian, where "sistema" means system, derived from the Latin 'systema' meaning an organized whole, and "bancario" relates to 'banca,' meaning bench or bank, originating from the Germanic word 'bank' for a financial institution. Did you know that medieval bankers used benches to conduct transactions, which is why banks are called 'banca' in Italian?
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"Il sistema bancario" appears in the Vocaplus list "", containing 150 commonly used words.
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the banking system