What is Bank ? Meaning of Bank | How to learn what is Bank

A Bank is a financial institution that accepts deposits from the public and creates credit lending activities can be performed either directly or indirectly through capital markets due to their importance in the financial stability of a country banks are highly regulated in most countries most nations have institutionalized a system known as fractional reserve banking under which banks hold liquid assets equal to only a portion of their current liabilities in addition to other regulations intended to ensure liquidity banks are generally subject to minimum capital requirements based on an international set of capital standards known as the Basel Accords banking in its modern sense evolved in the 14th century in the prosperous cities of Renaissance Italy but in many ways was a continuation of ideas and concepts of credit and lending that had their roots in the ancient world in the history of banking a number of banking dynasties notably the Medicis the Fugger's the well sir's the baron berg's and the Rothschilds have played a central role over many centuries the oldest existing retail bank is Bankim on d-day e-pass key sienna while the oldest existing merchant bank is Berenberg bank.