-
Essay / The Banking Industry - 915
BankingIn addition to the myriad of career options that exist around the world, there are issues that present complications for professionals in these fields. As a Christian, it is essential to develop a biblically appropriate approach in response to the various issues that arise in the professional world. The banking sector is an example of a career with obvious challenges. The banking sector is the heart of the economy of any modern society and cannot function properly without bankers, who control the ebb and flow of a country's currency and therefore must appropriately manage the problems that arise. The banker's ability to do this directly affects the value of a national currency and the stability of an economy. Specifically, bankers control people's money and must make critical, calculated decisions with that money every day. This presents an opportunity for one of the most common problems bankers face. Bankers, who are the professional managers of national economies, face ethical problems related to speculative banking, credit lending and the temptation of greed. So they need to develop biblical convictions in decision-making and money management. Bankers are the professional leaders of national economies. national economies that are employed in banking institutions. According to Investopedia, “Banks are financial institutions licensed to handle withdrawals and deposits as well as make short-term loans to individuals and small businesses.” Therefore, as professional agents of the banking sector, bankers enable banking institutions to function properly in an economy. To accomplish this task, bankers carry out many tasks and responsibilities involving the tax needs of others. Due to...... middle of document ......cal guidelines for money management, which prescribe prudence and fiscal responsibility, which are enforceable and confront the ethical issues that arise from speculative bank. Apart from the Bible, the banker is not exempt from his responsibilities. The Fidelis International Institute states that "bankers and financial professionals must adopt a responsible approach in all investment and lending transactions with their clients' money." In banking, although there are many opportunities for unethical decision making, I could very easily approach the career. from the biblical and ethical point of view discussed in this article, in the face of the many ethical problems facing bankers.Bibliographyhttp://www.fidelisinstitute.org/article.php?se=13&ca=22http://www.scu.edu /ethics /practicing/focusareas/business/financial-services.htmlPsalm 112:5-6