A bank is an institution that caters to the financial needs of the people, companies, organizations and even the government of a country. It collects and keeps the depositors money and other valuables like jewelry and important documents and it provides instant withdrawal facilities for the same. It also provides loans to people and businesses. And all these finance-related activities and services that the bank provides when used by the people, group of people or the government is known as banking. And today we have brought the best banking quotes and sayings for you to understand the importance of a bank for a nation’s development.
Banking is something that has become a staple for everyone in the world, nobody stores their money and valuables at home anymore, not even a person who is not literate enough to spell finance. Further a bank is an institution that provides money to the people when the economy is slow, hence it accelerates progress.
So let us take a look at these banking quotes and sayings by some of the greatest financial experts that the world has seen, take a look to increase your knowledge of our banks:
Don’t forget to also read our collection of Trading Quotes for the businessman in you
Banking Quotes
- “Business and life are like a bank account you can’t take out more than you put in.”
- “Banking, I would argue, is the most heavily regulated industry in the world.”
- “I believe that banking institutions are more dangerous to our liberties than standing armies.” – Thomas Jefferson
- “In banking or finance, trust is the only thing you have to sell.” – Patrick Dixon
- “A bank is a place that will lend you money if you can prove that you don’t need it.” – Bob Hope
- “A banking system is the most important and integral part of the economy for any country.”
- “Banking is necessary, Banks are Not.” – Bill Gates
- “A great business at a fair price is superior to a fair business at a great price.” – Charlie Munger
- “Good Banking is produced not by good laws, but by good bankers.” – Hartley Withers
- “Banking is a branch of the information business.” – Walter Wriston
- “Banking was conceived in iniquity and born in sin.” – Sir Josiah Stamp
- “The only good loan is one that gets paid back.” – Robert Wilmers
- “At its core, banking is not simply about profit, but about personal relationships.” – Felix Rohatyn
- “Banking technology has made it simple and efficient to invest in good causes.”
- “If banks cannot truly be customer intimate, they are doomed to be just dumb commodities, acting behind the scenes, like utilities.” – Jp Nicols
- “People with banking experience haven’t all flocked to the biggest banks; community banks and regional banks, along with smaller trading houses and credit unions, have some very talented people.”
- “Investment banking is not a business; it is a personal service where bankers work hand in hand with their clients. And it is a service that must not simply be about making bigger and bigger deals that reap rewards for only a small group of executives.”
- “At its core, banking is not simply about profit, but about personal relationships.” – Felix Rohatyn
- “Let’s be honest: the trappings of investment banking are quite tempting. I do miss it sometimes. And to be honest, there was a time I’d read the ‘WSJ’ in the morning, and for years I have done that.”
- “Banking may well be a career from which no man really recovers.”
- “I can’t imagine trying to operate a company banking on the fact that my logo is cooler than somebody else’s logo.”
If you’re enjoying these quotes, you’ll love our collection of Save Money Quotes for a Happy Pocket
Best Quotes About Banking
- “I do not think you can trust bankers to control themselves. They are like heroin addicts.” – Charlie Munger
- “A healthy banking system is one of the vital parts of a nation’s foundation.” – Hendrith Smith
- “Bankers know that history is inflationary and that money is the last thing a wise man will hoard.” – Will Durant
- “We don’t think of ourselves as a regional investment bank. We think of ourselves as merchant bankers with clients all over the country.” – Warren Stephens
- “Banking gives you a glimpse into what makes companies succeed and what makes companies fail.”
- “Money never declines. Money just moves.” – Dick Kovacevich
- “My fantasy is to break up the big banks. I wish we would end ‘too big to fail’ in our banking system.” – Kenneth C. Griffin
- “In banking or finance trust is the only thing you have to sell.” – Patrick Dixon
- “No country can truly develop if half its population is left behind.” – Justing Greening
- “Consumer banking – selling the debt to middle-class families – has been a gold mine.”
- “Regulation is necessary, particularly in a sector, like the banking sector, which exposes countries and people to a risk.” – Christine Lagarde
- “Inflation is taxation without legislation.” – Milton Friedman
- “Stay on top of your finances. Don’t leave that up to others.” – Leif Garrett
- “The only way you will ever permanently take control of your financial life is to dig deep and fix the root problem.”
- “Do you know the only thing that gives me pleasure? It’s to see my dividends coming in.” – John D. Rockefeller
- “Money looks better in the bank than on your feet.”
- “If nature were a bank, they would have already rescued it.”
- “Banking system is a continuous process for any country, which shows the firmness of the country’s economy.”
- “The trade of banks is the buying and selling of interest and exchange.” – William Petty
- “Money is the best rule of commerce.” – William Petty
- “Money is a terrible master but an excellent servant.”
If you’re enjoying this article, be sure to also check out these Powerful Business Quotes that will motivate you and give your business a boost.
Famous Quotes On Banking
- “Banking is a branch of the information business.” – Walter Wriston
- “When we look at the history of banking, the banking industry has often been the first industry to use new technology.”
- “Good bankers, like good tea, can only be appreciated when they are in hot water.” – Jaffar Hussein
- “Beware of little expenses; a small leak will sink a great ship.”
- “I believe that through knowledge and discipline, financial peace is possible for all of us.” – Dave Ramsey
- “It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” – Henry Ford
- “The key to the performance of any traditional commercial bank…is the profitability of the loans it makes.” – Robert Wilmers
- “A banker is a fellow who lends his umbrella when the sun is shining and wants it back the minute it begins to rain” – Mark Twain
- “It’s all about the experience, either bank remove friction or someone else will.” – Brett King
- “Complexity and interconnectedness matter as much as size in assessing risk in banking.” – Henry Paulson
- “People first, then money, then things.” – Suze Orman
- “The inescapable truth in that there are just too many banks in this country chasing too few customers.” – Dick Rosenberg
- “The goal is not only to earn high returns to the top of the cycle but also to avoid giving them back at the bottom.” – Duff McDonald
- “Adventure is the life of commerce, but caution is the life of banking.” – Walter Bagehot
- “We use Halloween to scare the kids and bankers to scare the adults.” – Anthony T Hincks
- “A banking system is the most important and integral part of the economy for any country.”
- “Investment banking fees are geared towards success.”
- “If you are afraid to fail, then you should go and become a banker.” – Yossi Vardi
Don’t forget to also read out the handpicked collection of Money Quotes to value money and financial independence
Inspirational Banking Quotes
- “A great business at a fair price is superior to a fair business at a great price.” – Charlie Munger
- “Banking is very good business if you don’t do anything dumb.” – Warren Buffett
- “The modern banking system manufactures money out of nothing.” – Josiah Stamp
- “You don’t run a business hoping you don’t have a recession.” – Jamie Dimon
- “When I moved from corporate to consumer banking, I brought a lot of synergy with me.”
- “The longer I go on, the more I am aware of the power of finance.” – Justin Welby
- “Our financial markets work best when they are competitive, fair, and transparent.” – Kenneth C. Griffin
- “There’s more honour in investment management than in investment banking.” – Charlie Munger
- “The financial industry is a service industry. It should serve others before it serves itself.” – Christine Lagarde
- “It’s a real pleasure to earn the trust of your customers slowly over time by doing what’s right.” – Charlie Munger
- “Happiness: a good bank account, a good cook, and a good digestion.”
Banking Quotes by Thomas Jefferson
- “If the American people ever allow private banks to control the issue of their currency.” – Thomas Jefferson
- “The art and mystery of banks… is established on the principle that ‘private debts are a public blessing.” – Thomas Jefferson
- “The Bank of the United States is one of the most deadly hostilities existing, against the principles and form of our Constitution.” – Thomas Jefferson
- “Our public credit is good, but the abundance of paper has produced a spirit of gambling in the funds.” – Thomas Jefferson
- “Everything predicted by the enemies of banks, in the beginning, is now coming to pass.” – Thomas Jefferson
- “The issuing power of currency shall be taken from the banks and restored to the people, to whom it properly belongs.” – Thomas Jefferson
- “I own it to be my opinion, that goodwill arises from the destruction of our credit.” – Thomas Jefferson
Conclusion
Today, technology has penetrated its way so deep into our society that we cannot live without everything being online, especially payments. And do you know one basic entity that we need to make online payments? It is the bank. If you are reading this article today, just take a moment and think of all the things that you do in day-to-day life which a bank provides and you will be amazed to know the result because it is a lot.
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