banking sector vs banking system

Both 'banking sector' and 'banking system' are correct phrases, but they are used in different contexts. 'Banking sector' refers to the part of the economy that consists of financial institutions like banks, while 'banking system' refers to the overall structure and organization of the banking industry.

Last updated: March 31, 2024 • 522 views

This phrase is correct and commonly used in English to refer to the part of the economy that consists of financial institutions like banks.

"banking sector"

Use 'banking sector' when referring to the financial institutions that make up the banking industry.

Examples:

The banking sector plays a crucial role in the economy.
Investors are closely monitoring developments in the banking sector.

Show examples from the web [+]

However, their success also depends on the interfaces and co-operation with the banking sector.
This is particularly visible in the banking sector.
Slovenia established the BAMC to support the banking sector stability.
Deutsche Bank Research on China's banking sector.
The banking sector has remained well-capitalised and has sufficient liquidity.
Austria compared BB with the Austrian banking sector.
Develop the capacity of the banking sector to provide long-term financing to the economy.
The report called on the banking sector to provide substantially improved services by 2002.
As a result of this process, the situation in the Slovak banking sector has improved substantially.
Structural reforms should also be supported by an appropriate reorganisation and consolidation of the banking sector.
Fourth, the shadow banking sector.
It is substantial that this transition is facilitated by the banking sector.
Matters are worse in the banking sector.
In the same vein, an appropriate restructuring of the banking sector remains essential.
Recently in the Czech Republic there was restructuring in the banking sector.
The EIF shall contribute to the promotion of the Guarantee Facility vis-à-vis the European banking sector.
The long-term trends in consolidation, integration and internationalisation in the EU banking sector continued throughout 2006.
Important demographic changes are occurring in the EU which may also have an impact on the banking sector.
However, the final cost of banking sector support measures represents a risk in 2011 and 2012.
Members of the European banking sector have already publicly and courageously raised the question of accounting standards.

Alternatives:

financial sector
banking industry
banking field
banking domain
banking realm

This phrase is correct and commonly used in English to refer to the overall structure and organization of the banking industry.

"banking system"

Use 'banking system' when referring to the structure, organization, and functioning of the banking industry as a whole.

Examples:

The banking system is regulated by government authorities.
Efforts are being made to strengthen the banking system.

Show examples from the web [+]

Our fractional reserve and debt-based banking system is the problem.
Spain shall adequately recapitalise and thoroughly restructure its banking system.
The problem is that since 1864 we've had a debt-based banking system.
What Abel knows could bring our banking system to its knees.
The resilience of the Turkish banking system to the financial crisis has been noteworthy.
The lack of adequate capital in the banking system was central to the crisis.
Major economic turbulence followed the collapse of the banking system in October 2008.
A government default would thus wipe out the entire Greek banking system.
The Greek banking system's solvency and access to refinancing would be hit severely.
This led to extreme instability in the eurozone's banking system.
Mr. Warner dealt with people who felt more comfortable outside the banking system.
You're here about the attacks on the banking system.
Subject: European banking system and income from illegal Internet activities
The report discusses securitisation, derivatives markets, investment funds and the parallel banking system.
And create awareness about the fraud of the banking system itself.
The banking system and the insurance sector are still lagging behind their western counterparts.
The Eurosystem depends on a smoothly functioning banking system through which monetary policy operations can be performed.
Still trying to figure out the subtleties Of the Turkish electroc banking system.
The parallel banking system consists of various forms of unregulated lending.
Europe's banking system already has more than €1 trillion in capital.

Alternatives:

financial system
banking framework
banking infrastructure
banking setup
banking network

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