What is a Bank ?
Bank is a financial institution that accepts deposits and channelize these deposits into lending activities, either directly by loaning or indirectly through capital markets.
Primary role of banks is connecting those with funds, such as investors and depositors, to those seeking funds, such as individuals or businesses needing loans.
They may also provide other services, such as wealth management, currency exchange, issuing credit cards, and more. While many banks have physical locations, banking activities are now frequently conducted through apps and websites.