Banks are financial institutions that help people manage their money. They offer services like saving accounts, where you can keep your money safe and earn interest, and checking accounts, which allow you to easily access your funds for daily expenses. Banks also provide loans to individuals and businesses, helping them to buy homes, cars, or invest in new projects. In addition to these services, banks play a crucial role in the economy by facilitating transactions and providing a secure place for people to store their money. They also help in the process of investments and savings, making it easier for individuals to plan for their future.