Question

Why do we need a bank in our Neirbourhoo

Answer 1

Explanation:

usually bank in the neighbourhood actually helps people more rather to travel to city's or towns

Answer 2

Explanation:

Banks were originally financial institutions where people deposited their valuables to keep them safe. Today, banks offer a wide range of services.

What banks do lies at the heart of the financial markets. They use money deposited in them to generate interest for savers and make loans that benefit individuals and businesses. Hence the banking system acts to channel society's surplus wealth to individuals and organisations who can use it productively.

Collectively banks carry out a wide range of roles from personal finance to raising funds for governments and underwriting (guaranteeing) issues of bonds and shares. They are essential for businesses and the economy.

usually bank in the neighbourhood actually helps people more rather to travel to city's or towns.

Hope it will help you ❤️