BANKING AND FINANCIAL PYRAMID ACTIVITIES

Commercial banks are the "vascular system" of the economy, providing the economy with the necessary financial resources by distributing the accumulated savings of the population and business. This mediation is a source of "fuel" for the further development of the economy. A financial pyramid is a way to provide income to the members of a structure by constantly raising funds. It is also known as an investment pyramid. In this case, the income of the first participant is provided by the funds of the second and other participants. This article discusses the views and comments on the activities of the banking and financial pyramid