What is a bank??????????

asked Apr 6, 2022 140k views

1 vote

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1 vote

The bank is a business where people deposit and withdraw their money and borrow money.

Sabo answered Apr 7, 2022

by Sabo

7.1k points

0 votes

Answer:

A Bank is a financial institution that accepts deposits from public and creates a demand deposit while simultaneously makeing loans.

Loilo answered Apr 10, 2022

by Loilo

6.9k points

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