Question

What do you mean by bank​

Answer 1

Answer:

A bank is a financial institution licensed to receive deposits and make loans. Banks may also provide financial services such as wealth management, currency exchange, and safe deposit boxes. There are several different kinds of banks including retail banks, commercial or corporate banks, and investment banks.

Answer 2

Answer:

A bank is a financial institution where customers can save or borrow money. Banks also invest money to build up their reserve of money.Banks may give loans to customers under an agreement to pay the money back to the bank at a later time, with interest.

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