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A bank is a financial institution that accepts deposits from the public, provides loans, and offers various financial services such as savings accounts, checking accounts, and investment products. Banks play a crucial role in the economy by facilitating transactions, providing credit, and helping to manage money. They also serve as intermediaries between savers and borrowers, thereby promoting financial stability and growth. Additionally, banks are regulated by government authorities to ensure the safety and soundness of the financial system.

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1mo ago

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