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BankA bank is a financial institution that serves as a safe place for individuals and businesses to deposit money, secure loans, and manage their financial transactions. Banks play a critical role in the economy by providing services such as savings and checking accounts, lending, and investment opportunities. They facilitate the transfer of funds, help maintain economic stability, and support various financial markets. Banks can be commercial, investment, or central banks, each with distinct functions, but all contribute to the overall financial health of a country by promoting investment, economic growth, and financial inclusion.