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Accounting for trillions in assets worldwide, the banking system is a crucial component of the global economy. (Investopedia)

The governor of Nigeria's Central Bank has said that the banking system is sound following the financial scandal that has rocked the country. (BBC News)

"A payable-through account (PTA) is a demand deposit account through which banking agencies located in the United States extend cheque writing privileges to the customers of other institutions, often foreign banks. [...] Foreign financial institutions use PTAs, also known as ""pass-through"" or ""pass-by"" accounts, to provide their customers with access to the U.S. banking system." (Wikipedia)

The Bank Recovery and Resolution Directive (BRRD) establishes a common approach within the European Union (EU) to the recovery and resolution of banks and investment firms. The BRRD represents an important step forward in ensuring that the EU effectively addresses the risks posed by the banking system. (GOV.UK)