savings banks

listen to the pronunciation of savings banks
English - Turkish
(Ticaret) tasarruf bankaları

Related Terms

savings bank
tasarruf bankası
savings bank
tasarruf sandığı
savings bank
yatırım bankası
English - English
plural form of savings bank

Related Terms

savings bank
A type of financial institution that focuses on retail banking: savings of private depositors, payments, credits and insurances for individuals or small and medium-sized enterprises
savings bank
a container (usually with a slot in the top) for keeping money at home; "the coin bank was empty"
savings bank
A bank that receives and invests the savings of private depositors and pays interest on the deposits. a bank where people can save small amounts of money and receive interest on it. Financial institution that gathers savings and pays interest or dividends to savers. It channels the savings of individuals who wish to consume less than their incomes to borrowers who wish to spend more. This function is performed by mutual savings banks, savings and loan associations, credit unions, postal savings systems, and municipal savings banks. Unlike a commercial bank, a savings bank does not accept demand deposits. Many savings banks originated as part of a philanthropic effort to encourage saving among people of modest means. The earliest municipal savings banks developed from the municipal pawnshops of Italy (see pawnbroking). Other early savings banks were founded in Germany in 1778 and The Netherlands in 1817. The first U.S. savings banks were nonprofit institutions established in the early 1800s for charitable purposes
savings bank
a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks
savings bank
bank which allows customers to open savings accounts
savings banks

    Hyphenation

    savings Banks

    Turkish pronunciation

    seyvîngz bängks

    Pronunciation

    /ˈsāvəɴɢz ˈbaɴɢks/ /ˈseɪvɪŋz ˈbæŋks/
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