Question

what are the characteristics of bank​

Answer 1

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• It may be an Individual/Firm/Company.
• It is a profit and service oriented institution.
• It acts as a connecting link between borrowers and lenders.
• It deals with money.
• It accepts deposits from public.
• It provides Advances/Loans/Credit to customers.

Answer 2

Answer:

there are some characteristics of bank....

• it is a profit and service oriented institution.
• it accepts deposits from public.
• it provide Advance loans , credit to customer.
• the risk of a financial loss for the lender..

Explanation:

hope this helps you

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