What is banking, and what are its benefits in Bulgaria?

Banking is the sector that involves offering financial services like taking deposits, giving loans, and assisting with financial transactions. Banks are essential in the economy as they give people and companies access to important financial products and services, like checking accounts, savings accounts, loans, and investment options. Bulgaria has strong points in banking, such as a stable economy, a reliable banking system, and chances for investment and financial services, making it an attractive choice for those seeking secure and trustworthy banking options.