<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/R9TyJ8yqLicto5rFa8puek4">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/RCEDL3kMYgjFUEOhOyGp3IE"/>
  <rdfs:label>Bank</rdfs:label>
  <skos:altLabel>Depository Institution</skos:altLabel>
  <rdfs:seeAlso rdf:resource="https://folio.openlegalstandard.org/R7meQhKYGkcA57UZ7v4JOdA"/>
  <rdfs:seeAlso rdf:resource="https://folio.openlegalstandard.org/RusVTgN5XKjS4qJaIYIlH0"/>
  <skos:prefLabel>Financial Institution</skos:prefLabel>
  <skos:definition>A bank is a financial institution licensed to receive deposits, make loans, and provide various financial services such as wealth management, currency exchange, and safe deposit boxes. Banks play a crucial role in the economy by facilitating financial transactions, providing credit, and offering investment products.</skos:definition>
</owl:Class>