$SUI A bank is a financial institution that accepts deposits from individuals and provides various financial services. People can save their money in banks and take out loans if necessary. Banks offer services such as checking transactions, mobile banking, money transfers, and investments. This helps ensure safe and smooth financial transactions. Individuals, businesses, and governments all rely on banking services. Banks make profits primarily by lending money with interest. In modern economies, the role of banks is crucial. They support financial stability and contribute to the economic development of a country. Without banks, it would be almost impossible to conduct organized financial activities.