Research Assignment #2
Leah Smith
FIN4232
November 16th, 2021
Banks have been around since the first currencies came into play. The goal of creating
banks was to satisfy the market and offer credit to the public. Alongside the growth of the
economy, so did the increase in overall credit for the consumers. This allowed the general public
to make bigger purchases. The savings institutions, as seen in the graph, have been subjected to
different pressure. In addition, the commercial banks are also seeing their share of the fall. This
reflects the rise of mutual and pension funds, government-sponsored enterprises, shadow banks,
