what you know about bank

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Accepted Answer

Banks are financial institutions that provide various services such as accepting deposits, lending money, and facilitating financial transactions.

Banks accept deposits from customers, which can be in the form of savings accounts, checking accounts, or certificates of deposit.
Banks lend money to individuals and businesses, providing loans for various purposes such as buying a home, starting a business, or financing education.
Banks facilitate financial transactions such as wire transfers, electronic bill payments, and issuing credit and debit cards.
Banks also offer services such as investment management, wealth management, and financial advisory services.
Banks are regulated by government authorities to ensure stability and protect customers' funds.

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