Introduction to Bank

A bank is a financial intermediary that deposits money from people or businesses who wish to save and lends money to people or businesses who wish to borrow.
According to the World Bank, “Banks are financial institutions that accept funds in
the form of deposits repayable on demand or in short notice.”
According to Gilbert, “A bank is a dealer in the capital, or more properly a dealer in
money. He is the intermediate party between the borrower and lender.”