Topic > Banking - 915

Banking In addition to the myriad of career options that exist in the world, there are issues that present complications for professionals in those 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. Banking is an example of a career with obvious problems. The banking system is the heart of the economy of any modern society and cannot function properly without bankers, who control the ebb and flow of a nation's currency and therefore must appropriately handle issues that arise. The banker's ability to do so directly influences the value of a national currency and the stability of an economy. Specifically, bankers have control over people's money and must make crucial, calculated decisions with that money every day. This provides an opportunity to address one of the most prevalent problems bankers face. Bankers, who are the professional officials of national economies, are confronted with ethical issues related to speculative banking, credit provision, and the temptation of greed, and therefore must develop biblical beliefs in decision-making and money management. Bankers are the professional officials of national economies. national economies working in banking institutions. According to Investopedia, “banks are financial institutions authorized to handle withdrawals and deposits, as well as provide short-term loans to individuals and small businesses.” Therefore, as banking professionals, bankers enable banking institutions to operate and function properly in an economy. To accomplish this task, bankers perform many tasks and responsibilities that involve other people's tax needs. Due to… middle of paper… cal guidelines for money management, which prescribe caution and fiscal responsibility, which are enforceable and address the ethical issues that arise from speculative banking. Apart from the Bible, the banker is not exempt from responsibility. The Fidelis International Institute states that "bankers and financial professionals should take a responsible approach in all investment and lending transactions with their clients' money." In banking, while there are many opportunities to make unethical decisions, I could easily approach the career from the biblical and ethical perspective discussed in this article, in addressing the many ethical issues 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