Bank

The essential function of a bank is to provide services related to the storing of deposits and the extending of credit. The evolution of banking dates back to the earliest writing, and continues in the present where a bank is a financial institution that provides banking and other financial services. Currently the term bank is generally understood as an institution that holds a banking license. Banking licenses are granted by bank regulatory authorities and provide rights to conduct the most fundamental banking services such as accepting deposits and making loans. There are also financial institutions that provide certain banking services without meeting the legal definition of a bank, a so called non-bank. Banks are a subset of the financial services industry.

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The word bank is derived from the Italian banca, which is derived from German language and means bench. The terms bankrupt and "broke" are similarly derived from banca rotta, which refers to an out of business bank, having its bench physically broken. Money lenders in Northern Italy originally did business in open areas, or big open rooms, with each lender working from his own bench or table.

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Typically, a bank generates profits from transaction fees on financial services and on the interest it charges for lending.

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Deposits: redirectDeposit account...

Credit: The term credit can have several meanings in different contexts....

Financial institution: A financial institution acts as an agent that provides financial services for its clients. Financial institutions generally fall under financial regulation from a government authority....

Bank related Images and Photos (experimental)

Bank	South Bank	The Bank Job	The Bank Dick
The Bank Dick	Micro Bank Toy	Great Bank Hoax, The/Great Bank Robbery, The (DBFE) (DVD) (WS)	The Bank Parlor
Bank of Summer Flowers	Bank of England Founded	Hulk Bust Bank	Thor Bust Bank