Introduction to traditional finance

Traditional finance mainly refers to financial activities that only have the three traditional businesses of deposits, loans and settlement. The broad life cycle cost also includes usage costs, waste costs, etc. incurred by consumers after purchase. Simply put, finance is the financing of funds. Finance is the general term for currency circulation and credit activities and the economic activities related to them. Finance in the broad sense refers to all economic activities related to the issuance, custody, exchange, settlement and financing of credit currency, and even includes the purchase and sale of gold and silver. In the narrow sense, finance refers to Finance specifically refers to the financing of credit money.