Editing Language/Multiple-languages/Culture/Basics-of-Economy
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==== What does a bank do? ==== | ==== What does a bank do? ==== | ||
The function of a bank is to gather unused money and | The function of a bank is to gather the unused money and provide the money to those who need it. | ||
To gather the money, a bank will provide some interests to those who save money, then lend the money and ask for interests from those who borrow the money. However, in some countries, a bank won't provide interests for depositors and even charge for the service of saving money. This is to stimulate consumption. | To gather the money, a bank will provide some interests to those who save money, then lend the money and ask for interests from those who borrow the money. However, in some countries, a bank won't provide interests for depositors and even charge for the service of saving money. This is to stimulate consumption. |