A bank is a financial institution that accepts deposits from customers and makes loans to borrowers. The finance industry uses banks to help businesses and individuals manage their money.

Banks use deposits from customers to make loans to other people or businesses. The interest that banks earn on these loans is used to pay for the costs of running the bank, such as salaries, buildings, and technology. The rest of the money is profit for the shareholders.

Banks also offer other services, such as investment products, credit cards, and mortgages. They may also provide advice on financial matters.

The finance industry relies on banks to provide capital for businesses and investments. Banks use their deposits to make loans and invest in securities, such as stocks and bonds. They also use their deposits to buy other assets, such as real estate.

The finance industry is regulated by governments to protect consumers and ensure that banks are stable. Banks are subject to laws and regulations that govern their activities. These laws and regulations vary from country to country.