What is bank and How bank earns profit?

Question

Accepted Answer

A bank is a financial institution that accepts deposits from customers and uses those funds to make loans and investments to earn profit.

Banks earn profit through interest charged on loans and credit cards
They also earn through fees charged for various services like ATM usage, overdrafts, etc.
Banks invest in stocks, bonds, and other financial instruments to earn profit
They also earn through foreign exchange transactions and trading in currencies
Banks may also charge fees for managing investment portfolios and providing financial advice
Banks may also earn profit through mergers and acquisitions
Banks may also earn profit through selling financial products like insurance policies, mutual funds, etc.

Accepted Answer

Bank is a place where people keep money safely and it is gives the loan and provide financial services. It is also managing the money.
Profit -
Given low Interest rate to make High profit. 
Trading services.
Service charges.
Fees like ATM Fees, late payment fees, accountant maintenance charges.
Investment.

What is bank and How bank earns profit?

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