Banks in the World and Sri Lanka

There are so many banks in the world.
eg: World Bank, Asian Development Bank, etc

And there are so many banks in Sri Lanka.
eg: Commercial Bank, Sampth Bank, etc.

What is a BANK?

A bank is a financial institution whose primary activity is to act as a payment agent for customers to borrow and lend.

The first modern bank was founded in Italy in Genoa in 1406, its name was Banco di San Giorgio (Bank of St. George).

Many other financial activities were added over time. For example banks are important players in financial markets and offer financial services such as investment funds. In some countries such as Germany, banks are the primary owners of industrial corporations while in other countries such as the United States banks are prohibited from owning non-financial companies. In Japan, banks are usually the nexus of cross share holding entity known as zaibatsu. In France "Bancassurance" is highly present, as most banks offer insurance services (and now real estate services) to their clients.